Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51469
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,451,445
Award facts
- Contract value 100% obligated
- $4,451,444.84 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 valued at $4.45 million to Stonex Financial LTD for raw gold bullion under the MINT MAC GOLD BULLION program. The contract, which was effective February 11, 2026, with an ultimate completion date of February 26, 2026, is structured as a firm fixed-price delivery order with no set-aside designation, indicating open competition among qualified vendors. Stonex Financial LTD, a London-based international commodity trading and risk management firm, will perform substantially all work from its facilities in Great Britain, delivering materials directly to U.S. Mint production centers. This award carries no competitive restrictions and was issued without subcontractor involvement.
This delivery order is issued under one of two significant indefinite delivery vehicle contracts that the U.S. Mint maintains with Stonex Financial LTD for precious metals procurement. The company has established itself as a critical supplier to the Department of the Treasury's civilian operations since 2021, consistently providing gold bullion, silver raw materials, and other precious metals essential to the nation's coin and commemorative medal production. The gold bullion IDV supporting this award, along with the firm's separate $10 billion silver raw materials IDV (established June 23, 2021, through December 31, 2040), enables the Mint to issue routine delivery orders as operational needs arise without requiring competitive solicitation for each transaction, demonstrating the strategic and long-term nature of this supplier relationship.
Quick answers
Who was awarded contract 2031JG26F51469?
2031JG26F51469 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 11, 2026.
How much is contract 2031JG26F51469 worth?
The government has obligated $4,451,445 on 2031JG26F51469.
Is contract 2031JG26F51469 an order under another contract?
Yes. 2031JG26F51469 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51469 competed?
The extent of competition for 2031JG26F51469 was full and open competition.
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