Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F51228
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,577,504
Award facts
- Contract value 100% obligated
- $2,577,504.04 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 is a $2,577,504.04 firm-fixed-price delivery order awarded to Stonex Financial LTD, a for-profit organization based in the United Kingdom, by the United States Mint, a civilian agency within the U.S. Department of the Treasury. The contract is for the delivery of raw gold bullion to support the Mint's coin and medal production operations.
Stonex Financial LTD is a critical supplier of precious metals, including gold, silver, and palladium, to the U.S. government. The company holds two significant indefinite delivery vehicle (IDV) contracts with the U.S. Mint, one for $10 billion in silver raw materials and another for an unspecified ceiling value in raw gold bullion. These IDVs allow the Mint to routinely issue delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to ensure a reliable international supply chain for the agency's precious metal requirements. This particular $2.6 million award is one such delivery order issued under the IDVs.
The contract does not have a set-aside designation, indicating open competition. The raw gold bullion is being delivered from Stonex Financial LTD's facilities in Great Britain to the U.S. Mint's production centers in the United States.
Quick answers
Who was awarded contract 2031JG25F51228?
2031JG25F51228 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 26, 2025.
How much is contract 2031JG25F51228 worth?
The government has obligated $2,577,504 on 2031JG25F51228.
Is contract 2031JG25F51228 an order under another contract?
Yes. 2031JG25F51228 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51228 competed?
The extent of competition for 2031JG25F51228 was full and open competition.
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