Mint MAC gold bullion: raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F51202
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,819,969
Award facts
- Contract value 100% obligated
- $2,819,968.66 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 U.S. government, specifically the United States Mint, awarded a Firm Fixed Price Delivery Order contract to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations. This Delivery Order has a ceiling value of $2,819,968.66 and an ultimate completion date of June 27, 2025.
Stonex Financial LTD holds two significant Indefinite Delivery Vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion supply. Under these IDVs, the Mint issues firm fixed price Delivery Orders to Stonex Financial LTD, typically valued between $10 million and $16 million each. This strategic procurement approach allows the Mint to consistently source critical precious metal raw materials from a proven international supplier to support its ongoing operations.
Quick answers
Who was awarded contract 2031JG25F51202?
2031JG25F51202 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 11, 2025.
How much is contract 2031JG25F51202 worth?
The government has obligated $2,819,969 on 2031JG25F51202.
Is contract 2031JG25F51202 an order under another contract?
Yes. 2031JG25F51202 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51202 competed?
The extent of competition for 2031JG25F51202 was full and open competition.
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