Mint MAC gold bullion: this is a basic ordering agreement to purchase gold bullion bars.
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 2031JG20D00010
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Task orders
- 1,851 $6,296,059,121 obligated
Award facts
- Combined order value
- $6,296,059,121 Current and potential, with all options
- Last date to order 32% complete
- IDV ceiling 63% used
- $10,000,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- 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 · 6 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The United States Mint, a civilian agency within the U.S. government, has awarded Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, an Indefinite Delivery Contract (IDC) with a ceiling value of $10 billion. Under this IDC, the Mint is procuring raw gold bullion to support its ongoing production of circulating coins, commemorative coins, bullion coins, and national medals. Stonex Financial LTD, which specializes in global commodity trading and risk management focused on precious metals, has been awarded multiple firm fixed price delivery order contracts valued between $1 million and $22 million for the supply of gold, silver, and palladium raw materials.
The Mint has also awarded Stonex Financial LTD two significant indefinite delivery vehicle (IDV) contracts, one for silver raw materials with a $10 billion ceiling value and another for raw gold bullion supply, to ensure a steady and reliable supply of critical precious metal raw materials from an international source. These IDV contracts allow the Mint to routinely issue firm fixed price delivery orders to Stonex Financial LTD to support the agency's ongoing coin and medal production operations. None of the task orders under this IDC have set-aside designations, indicating they were competed on an unrestricted basis.
Task orders
Show 40 more
Latest 50 of 1,851 listed here. See the rest on GovTribe.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 2031JG20D00010?
2031JG20D00010 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 4, 2020.
How much is contract 2031JG20D00010 worth?
Orders under 2031JG20D00010 have obligated $6,296,059,121. 2031JG20D00010's own ceiling is $10,000,000,000.
How many orders have been placed under contract 2031JG20D00010?
1,851 orders have been placed under 2031JG20D00010, the latest on October 21, 2026.
Who can order from contract 2031JG20D00010?
2031JG20D00010 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031JG20D00010 competed?
The extent of competition for 2031JG20D00010 was full and open competition. The government received 6 offers.
On GovTribe
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