Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51184
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,510,584
Award facts
- Contract value 100% obligated
- $2,510,584.15 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 federal contract award is for the delivery of raw gold bullion to the United States Mint. The contract, valued at $2,510,584.15, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management, particularly in precious metals.
Stonex Financial LTD has been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of raw materials including gold bullion, silver, and palladium. The company also 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 supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.
The current contract is a firm fixed price delivery order with a performance period through May 16, 2025. It does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG25F51184?
2031JG25F51184 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 21, 2025.
How much is contract 2031JG25F51184 worth?
The government has obligated $2,510,584 on 2031JG25F51184.
Is contract 2031JG25F51184 an order under another contract?
Yes. 2031JG25F51184 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51184 competed?
The extent of competition for 2031JG25F51184 was full and open competition.
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