Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F51238
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,295,885
Award facts
- Contract value 100% obligated
- $1,295,884.82 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
This federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract, valued at $1,295,884.82, was awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management.
The contract is a delivery order under two indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint. The first IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, while the second IDV appears to be for raw gold bullion supply, though its specific ceiling value is not provided. These IDVs enable the Mint to routinely issue firm fixed price 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.
The contract does not have a set-aside designation, indicating open competition. The performance location is in Great Britain, United Kingdom, and the ultimate completion date is September 26, 2025.
Quick answers
Who was awarded contract 2031JG25F51238?
2031JG25F51238 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 26, 2025.
How much is contract 2031JG25F51238 worth?
The government has obligated $1,295,885 on 2031JG25F51238.
Is contract 2031JG25F51238 an order under another contract?
Yes. 2031JG25F51238 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51238 competed?
The extent of competition for 2031JG25F51238 was full and open competition.
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