Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F51258
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,466,325
Award facts
- Contract value 100% obligated
- $1,466,325.18 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 $1.47M delivery order for raw gold bullion to Stonex Financial LTD, a London-based precious metals supplier, on September 24, 2025, with an ultimate completion date of September 30, 2025. This contract is issued under a firm fixed-price arrangement with no set-aside designation, indicating open competition among qualified vendors. The work will be performed in Great Britain, United Kingdom, leveraging Stonex Financial LTD's established international commodity trading capabilities and its critical role as a supplier of precious metal raw materials to the federal government.
This delivery order is issued under one of two significant indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD maintains with the United States Mint. The company holds a primary IDV for silver raw materials valued at $10 billion with a performance period extending through December 31, 2040, and a second IDV for raw gold bullion supply. These vehicles enable the Mint to efficiently procure the precious metals necessary to support its ongoing coin and medal production operations. Stonex Financial LTD has served as the prime contractor on all observed contracts with the Mint since 2021, demonstrating a consistent and strategic relationship as the agency's preferred international source for precious metal procurement.
Quick answers
Who was awarded contract 2031JG25F51258?
2031JG25F51258 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 24, 2025.
How much is contract 2031JG25F51258 worth?
The government has obligated $1,466,325 on 2031JG25F51258.
Is contract 2031JG25F51258 an order under another contract?
Yes. 2031JG25F51258 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG25F51258 competed?
The extent of competition for 2031JG25F51258 was full and open competition.
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