Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51433
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,701,172
Award facts
- Contract value 100% obligated
- $1,701,172.04 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 U.S. Mint awarded a delivery order contract valued at $1.70 million to Stonex Financial LTD for the supply of raw gold bullion, with performance completion targeted for February 5, 2026. This delivery order was issued under an indefinite delivery vehicle (IDV) for raw gold bullion supply, enabling the Mint to procure precious metal commodities without competitive solicitation. Stonex Financial LTD, a London-based international commodity trading and risk management firm, will perform substantially all work from its facilities in Great Britain and deliver materials directly to U.S. Mint production centers. The contract employs firm fixed-price pricing with no set-aside designation, reflecting open competition procurement principles consistent with the Mint's historical vendor selection practices.
This award reflects the continuation of a strategic supplier relationship between the U.S. Mint and Stonex Financial LTD established in 2021. The contractor maintains two significant IDVs with the Mint, including a $10 billion ceiling silver raw materials contract extending through December 31, 2040, alongside the gold bullion vehicle supporting this delivery order. These long-term indefinite delivery arrangements provide the Mint with reliable international procurement pathways for precious metals essential to manufacturing circulating coins, commemorative coins, bullion coins, and national medals. The consistent procurement pattern and absence of competitive restrictions demonstrate the Mint's confidence in Stonex Financial LTD's capabilities to meet federal coinage and medal production requirements.
Quick answers
Who was awarded contract 2031JG26F51433?
2031JG26F51433 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 28, 2026.
How much is contract 2031JG26F51433 worth?
The government has obligated $1,701,172 on 2031JG26F51433.
Is contract 2031JG26F51433 an order under another contract?
Yes. 2031JG26F51433 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51433 competed?
The extent of competition for 2031JG26F51433 was full and open competition.
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