Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51197
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,250,089
Award facts
- Contract value 100% obligated
- $1,250,089.04 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
The United States Mint awarded a $1.25 million firm fixed-price delivery order to Stonex Financial LTD for raw gold bullion on June 3, 2025, with completion scheduled for June 20, 2025. The contract, which carries no set-aside designation, indicates open competition and represents a delivery order issued under a larger indefinite delivery vehicle (IDV) contract for gold bullion supply. Stonex Financial LTD, a London-based international commodity trading company specializing in precious metals, serves as the prime contractor with no identified subcontractors. The company's SAM.gov registration is valid through June 30, 2026, and the work will be performed in Great Britain, United Kingdom.
This delivery order is part of the Mint's established procurement relationship with Stonex Financial LTD, which has served as a critical international supplier of raw precious metals since 2021. The contract supports the Mint's ongoing coin and medal production operations by providing essential raw materials. Stonex Financial LTD operates under two significant IDV contracts with the Mint, including a primary silver raw materials vehicle with a $10 billion ceiling value extending through December 31, 2040, and a gold bullion supply IDV. The consistent use of firm fixed-price delivery orders demonstrates the Mint's reliance on this vendor as a strategic international source for maintaining steady supply of precious metals to support federal manufacturing operations.
Quick answers
Who was awarded contract 2031JG25F51197?
2031JG25F51197 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 3, 2025.
How much is contract 2031JG25F51197 worth?
The government has obligated $1,250,089 on 2031JG25F51197.
Is contract 2031JG25F51197 an order under another contract?
Yes. 2031JG25F51197 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51197 competed?
The extent of competition for 2031JG25F51197 was full and open competition.
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