Raw gold bullion

Ended Awarded Last action

Contract number
2031JG26F51481
Awardee
Awarding agency
Obligated
$1,883,342

Award facts

Contract value 100% obligated
$1,883,341.79 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, a civilian agency within the Department of the Treasury, awarded a delivery order valued at $1.88 million to Stonex Financial LTD for the procurement of raw gold bullion. The contract, issued on February 25, 2026, with an ultimate completion date of March 6, 2026, operates under a firm fixed-price arrangement with no set-aside designation, reflecting unrestricted competition. 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 delivery order is issued under Stonex Financial LTD's indefinite delivery vehicle (IDV) for raw gold bullion supply, which serves as the foundational procurement framework enabling the Mint to issue routine orders as operational needs arise. The vendor has maintained a consistent and strategic supplier relationship with the U.S. Mint since 2021, providing high-value precious metal commodities essential to the agency's core mission of producing circulating coins, commemorative coins, bullion coins, and national medals. The company also holds a second major IDV with a $10 billion ceiling value for silver raw materials, with performance extending through December 31, 2040, further establishing its critical role in supporting the Mint's long-term precious metal procurement requirements.

Quick answers

Who was awarded contract 2031JG26F51481?

2031JG26F51481 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 25, 2026.

How much is contract 2031JG26F51481 worth?

The government has obligated $1,883,342 on 2031JG26F51481.

Is contract 2031JG26F51481 an order under another contract?

Yes. 2031JG26F51481 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG26F51481 competed?

The extent of competition for 2031JG26F51481 was full and open competition.

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