Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F51211
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,271,669
Award facts
- Contract value 100% obligated
- $1,271,669.33 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. Mint awarded a $1.27 million firm fixed-price delivery order for raw gold bullion to Stonex Financial LTD, a London-based commodity trading company specializing in precious metals procurement. The delivery order, awarded on July 22, 2025, with an ultimate completion date of July 31, 2025, represents work to be performed in Great Britain and carries no set-aside designation, indicating open competition. This award falls under the Mint MAC Gold Bullion program and is issued as a delivery order against one of Stonex Financial LTD's larger indefinite delivery vehicle (IDV) contracts for gold bullion supply with the U.S. Mint.
Stonex Financial LTD serves as the prime contractor with no identified subcontractors and has maintained a strategic relationship with the U.S. Mint since 2021, consistently supplying critical precious metal raw materials to support the agency's coin and medal production operations. The company holds two significant IDV contracts with the Treasury Department's U.S. Mint, including a $10 billion silver raw materials contract extending through 2040, which demonstrates the agency's reliance on this international supplier for reliable access to precious metals. This delivery order exemplifies the Mint's ongoing procurement strategy for maintaining steady supplies of raw materials essential to its manufacturing and production missions.
Quick answers
Who was awarded contract 2031JG25F51211?
2031JG25F51211 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 22, 2025.
How much is contract 2031JG25F51211 worth?
The government has obligated $1,271,669 on 2031JG25F51211.
Is contract 2031JG25F51211 an order under another contract?
Yes. 2031JG25F51211 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51211 competed?
The extent of competition for 2031JG25F51211 was full and open competition.
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