Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51171
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,403,038
Award facts
- Contract value 100% obligated
- $2,403,037.97 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Great Britain, United Kingdom
Award details come from SAM.gov/FPDS.
About this award
This federal contract award is for the delivery of raw gold bullion to the United States Mint (Mint). The prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management with a focus on precious metals.
The contract, a firm fixed price delivery order, was awarded under two indefinite delivery vehicle (IDV) contracts the Mint has with Stonex Financial LTD. One IDV is for a $10 billion ceiling value silver raw materials contract, while the other appears to be for raw gold bullion supply, though its ceiling value is not explicitly stated. This strategic approach allows the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations. The current $2,403,037.97 delivery order has an ultimate completion date of April 23, 2025 and does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG25F51171?
2031JG25F51171 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 15, 2025.
How much is contract 2031JG25F51171 worth?
The government has obligated $2,403,038 on 2031JG25F51171.
Is contract 2031JG25F51171 an order under another contract?
Yes. 2031JG25F51171 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51171 competed?
The extent of competition for 2031JG25F51171 was full and open competition.
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