Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51187
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,149,252
Award facts
- Contract value 100% obligated
- $4,149,251.64 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, specializing in global commodity trading and risk management with a focus on precious metals. The contract, with a ceiling value of $4,149,251.64, is a delivery order awarded by the United States Mint for the supply of raw gold bullion.
Stonex Financial LTD has been awarded numerous similar delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the provision of precious metal raw materials including gold, 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 routinely issue firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations.
The current contract does not have a set-aside designation and is a firm fixed price delivery order with a performance period extending through May 16, 2025.
Quick answers
Who was awarded contract 2031JG25F51187?
2031JG25F51187 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 2, 2025.
How much is contract 2031JG25F51187 worth?
The government has obligated $4,149,252 on 2031JG25F51187.
Is contract 2031JG25F51187 an order under another contract?
Yes. 2031JG25F51187 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51187 competed?
The extent of competition for 2031JG25F51187 was full and open competition.
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