Mint MAC gold bullion: raw gold bullion

Ended Awarded

Contract number
2031JG25F51179
Awardee
Awarding agency
Obligated
$2,460,652

Award facts

Contract value 100% obligated
$2,460,651.71 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, with ID 2031JG20D00010|2031JG25F51179, was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion, with a ceiling value of $2,460,651.71 and a performance period ending on May 2, 2025. This contract is a firm fixed price delivery order and does not have any set-aside designation.

Stonex Financial LTD, doing business as Intl, is an established supplier of precious metals to the United States government, primarily supporting the coin and medal production operations of 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 issues regular firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, ensuring a steady and reliable supply of critical raw materials from an international source.

Quick answers

Who was awarded contract 2031JG25F51179?

2031JG25F51179 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 15, 2025.

How much is contract 2031JG25F51179 worth?

The government has obligated $2,460,652 on 2031JG25F51179.

Is contract 2031JG25F51179 an order under another contract?

Yes. 2031JG25F51179 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG25F51179 competed?

The extent of competition for 2031JG25F51179 was full and open competition.

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