Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51193
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,250,933
Award facts
- Contract value 100% obligated
- $1,250,932.78 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, valued at $1,250,932.78, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a firm fixed price delivery order, with no set-aside designation, and has an ultimate completion date of June 20, 2025.
Stonex Financial LTD appears to be a key supplier of precious metals, including gold, silver, and palladium, to the U.S. Mint. The company has been awarded numerous delivery order contracts with the Mint since 2021, ranging from $1 million to $22 million per order. Additionally, Stonex Financial LTD 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 enable the Mint to maintain a steady and reliable supply of precious metals from an international source, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F51193?
2031JG25F51193 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 3, 2025.
How much is contract 2031JG25F51193 worth?
The government has obligated $1,250,933 on 2031JG25F51193.
Is contract 2031JG25F51193 an order under another contract?
Yes. 2031JG25F51193 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51193 competed?
The extent of competition for 2031JG25F51193 was full and open competition.
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