Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F51253
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,478,737
Award facts
- Contract value 100% obligated
- $1,478,736.75 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
The United States Mint awarded a $1.48M delivery order for raw gold bullion to Stonex Financial LTD, a London-based precious metals trading and risk management company, with performance in Great Britain and a completion deadline of September 30, 2025. This firm fixed-price delivery order was awarded on September 24, 2025, with no set-aside designation, indicating open competition. The contract represents part of the Mint's ongoing procurement of critical raw materials to support its coin and medal production operations.
This delivery order is issued under one of two significant indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the U.S. Mint. The company has been a strategic international supplier of precious metals to the Mint since 2021, serving as the prime contractor on multiple delivery orders for raw gold bullion, silver raw materials, and silver bullion, with contract values typically ranging from $1M to $22M. The IDV vehicles—which include a $10B ceiling value silver raw materials contract extending through December 31, 2040—enable the Mint to maintain a consistent and reliable procurement pathway for essential precious metal commodities from this established international source.
Quick answers
Who was awarded contract 2031JG25F51253?
2031JG25F51253 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 24, 2025.
How much is contract 2031JG25F51253 worth?
The government has obligated $1,478,737 on 2031JG25F51253.
Is contract 2031JG25F51253 an order under another contract?
Yes. 2031JG25F51253 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51253 competed?
The extent of competition for 2031JG25F51253 was full and open competition.
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