Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F51206
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,258,244
Award facts
- Contract value 100% obligated
- $1,258,243.67 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 $1.26 million firm fixed-price delivery order to Stonex Financial LTD for raw gold bullion under the MINT MAC Gold Bullion program. The contract, with an ultimate completion date of July 31, 2025, represents an open competition award with no set-aside designation. Stonex Financial LTD, a London-based international commodity trading firm specializing in precious metals, will perform the work in Great Britain. This delivery order falls under one of two significant indefinite delivery vehicle (IDV) contracts that Stonex maintains with the United States Mint, enabling the agency to issue routine orders for precious metal raw materials to support ongoing coin and medal production operations.
The award reflects the Mint's reliance on Stonex Financial LTD as a critical international supplier of gold bullion and other precious metal commodities. As the prime contractor with no identified subcontractors, Stonex has maintained a strategic relationship with the Mint since 2021 through multiple delivery orders ranging from $1 million to $22 million. The company's broader IDV portfolio includes a $10 billion ceiling contract for silver raw materials extending through December 2040, which demonstrates the Mint's long-term commitment to this vendor as a reliable source of international precious metal procurement to support Treasury operations.
Quick answers
Who was awarded contract 2031JG25F51206?
2031JG25F51206 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 22, 2025.
How much is contract 2031JG25F51206 worth?
The government has obligated $1,258,244 on 2031JG25F51206.
Is contract 2031JG25F51206 an order under another contract?
Yes. 2031JG25F51206 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51206 competed?
The extent of competition for 2031JG25F51206 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award