Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51315
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,509,378
Award facts
- Contract value 100% obligated
- $1,509,378.06 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 $1.51M delivery order for raw gold bullion to Stonex Financial LTD, a London-based international commodity trading firm specializing in precious metals procurement. The contract was awarded on October 16, 2025, with an ultimate completion date of October 31, 2025, and is structured as a firm fixed-price delivery order with no set-aside designation, indicating open competition. Performance will occur in Great Britain, United Kingdom. This award is issued under an indefinite delivery vehicle (IDV) contract for raw gold bullion supply, which is one of two significant IDV agreements between Stonex Financial LTD and the United States Mint that enable the agency to maintain reliable international sourcing of precious metals.
Stonex Financial LTD has served as the primary supplier of raw precious metals to the United States Mint since 2021, with a demonstrated track record of delivering high-value gold, silver, and palladium commodities through multiple firm fixed-price delivery orders. The company's second major IDV with the Mint is a multiple-award contract for silver raw materials valued at $10B with a ceiling through December 31, 2040, demonstrating the strategic and long-term nature of the relationship. These procurement arrangements support the Mint's ongoing coin and medal production operations by ensuring consistent access to critical raw materials through an established international supplier, with typical delivery order values ranging from $1M to $22M.
Quick answers
Who was awarded contract 2031JG26F51315?
2031JG26F51315 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 16, 2025.
How much is contract 2031JG26F51315 worth?
The government has obligated $1,509,378 on 2031JG26F51315.
Is contract 2031JG26F51315 an order under another contract?
Yes. 2031JG26F51315 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51315 competed?
The extent of competition for 2031JG26F51315 was full and open competition.
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