Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51188
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,766,294
Award facts
- Contract value 100% obligated
- $2,766,293.77 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, a civilian agency within the U.S. government. The contract, valued at $2,766,293.77, was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. This contract is a delivery order and is priced on a firm fixed-price basis. The contract has an ultimate completion date of May 16, 2025.
Stonex Financial LTD appears to be a key supplier of precious metals to the United States Mint, delivering gold, silver, and palladium raw materials to support the agency's coin and medal production operations. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, including a $10 billion IDV for silver raw materials and an unspecified IDV for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG25F51188?
2031JG25F51188 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 2, 2025.
How much is contract 2031JG25F51188 worth?
The government has obligated $2,766,294 on 2031JG25F51188.
Is contract 2031JG25F51188 an order under another contract?
Yes. 2031JG25F51188 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51188 competed?
The extent of competition for 2031JG25F51188 was full and open competition.
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