Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51189
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,159,950
Award facts
- Contract value 100% obligated
- $4,159,950.49 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 of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management, particularly in precious metals.
The contract is a firm fixed-price delivery order with a ceiling value of $4,159,950.49 and a performance period ending on May 16, 2025. Stonex Financial LTD has also been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States 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 Stonex Financial LTD to support the agency's ongoing coin and medal production operations.
The contract does not have a set-aside designation, indicating it was competed on an unrestricted basis. The place of performance is in Great Britain, United Kingdom, where Stonex Financial LTD's facilities are located.
Quick answers
Who was awarded contract 2031JG25F51189?
2031JG25F51189 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 2, 2025.
How much is contract 2031JG25F51189 worth?
The government has obligated $4,159,950 on 2031JG25F51189.
Is contract 2031JG25F51189 an order under another contract?
Yes. 2031JG25F51189 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51189 competed?
The extent of competition for 2031JG25F51189 was full and open competition.
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