Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51486
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,873,058
Award facts
- Contract value 100% obligated
- $1,873,058.43 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 $1.87 million to Stonex Financial LTD for the supply of raw gold bullion, with an ultimate completion date of March 6, 2026. The contract employs firm fixed-price pricing with no set-aside designation, allowing open competition among qualified vendors. Stonex Financial LTD, a London-based international commodity trading 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 an indefinite delivery vehicle for raw gold bullion supply that enables the Mint to procure precious metal raw materials through routine orders as operational needs arise without requiring competitive solicitation for each transaction.
This award reflects the continued strategic supplier relationship between the U.S. Mint, a Treasury Department civilian agency, and Stonex Financial LTD, which has provided critical precious metals commodities to support the nation's coin and medal production operations since 2021. The contractor also maintains a separate $10 billion indefinite delivery contract with the Mint for silver raw materials extending through December 31, 2040, underscoring the long-term nature of the procurement partnership. The firm fixed-price delivery orders typically range from $1 million to $22 million for gold bullion and between approximately $16 million and $21 million for silver commodities, demonstrating the high-value nature of these essential federal commodities procurement activities.
Quick answers
Who was awarded contract 2031JG26F51486?
2031JG26F51486 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 25, 2026.
How much is contract 2031JG26F51486 worth?
The government has obligated $1,873,058 on 2031JG26F51486.
Is contract 2031JG26F51486 an order under another contract?
Yes. 2031JG26F51486 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51486 competed?
The extent of competition for 2031JG26F51486 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award