Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F51470
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,451,588
Award facts
- Contract value 100% obligated
- $4,451,587.66 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, operating under the Department of the Treasury, awarded a $4.45 million firm fixed-price delivery order to Stonex Financial LTD for raw gold bullion procurement under the MINT MAC GOLD BULLION program. The delivery order, issued on February 12, 2026, with completion targeted for February 26, 2026, represents a continuation of the agency's established procurement relationship with the London-based commodity trading firm. This award was made through open competition with no set-aside designation, allowing Stonex Financial LTD to compete without restrictions. The vendor will perform substantially all work from its facilities in Great Britain, delivering materials directly to U.S. Mint production centers to support the agency's coinage and commemorative medal manufacturing operations.
This delivery order is executed under a larger indefinite delivery vehicle (IDV) for raw gold bullion supply that enables the Mint to issue firm fixed-price orders as operational needs arise without requiring competitive solicitation for each transaction. Stonex Financial LTD also maintains a second significant IDV with a $10 billion ceiling for silver raw materials, awarded on June 23, 2021, and extending through December 31, 2040, underscoring the strategic and long-term nature of the Mint's reliance on this international supplier. The vendor serves as the prime contractor on all observed contracts with no identified subcontractors, and the consistent procurement pattern demonstrates the agency's confidence in Stonex Financial LTD's capabilities to provide high-value precious metal commodities essential to federal coinage programs.
Quick answers
Who was awarded contract 2031JG26F51470?
2031JG26F51470 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 12, 2026.
How much is contract 2031JG26F51470 worth?
The government has obligated $4,451,588 on 2031JG26F51470.
Is contract 2031JG26F51470 an order under another contract?
Yes. 2031JG26F51470 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51470 competed?
The extent of competition for 2031JG26F51470 was full and open competition.
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