Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51175
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,434,348
Award facts
- Contract value 100% obligated
- $2,434,348.15 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 is a federal contract award to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, to provide raw gold bullion to the United States Mint. The contract has a ceiling value of $2,434,348.15 and a period of performance through May 2, 2025. It is a firm fixed price delivery order contract, with no set-aside designation.
Stonex Financial LTD appears to be a critical supplier of precious metals, such as gold, silver, and palladium, to the United States Mint. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, enabling the Mint to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F51175?
2031JG25F51175 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 15, 2025.
How much is contract 2031JG25F51175 worth?
The government has obligated $2,434,348 on 2031JG25F51175.
Is contract 2031JG25F51175 an order under another contract?
Yes. 2031JG25F51175 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51175 competed?
The extent of competition for 2031JG25F51175 was full and open competition.
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