Raw gold bullion

Ended Awarded Last action

Contract number
2031JG26F51488
Awardee
Awarding agency
Obligated
$1,873,241

Award facts

Contract value 100% obligated
$1,873,240.86 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 $1.87 million delivery order for raw gold bullion to Stonex Financial LTD, a London-based precious metals trading firm, with a completion date of March 6, 2026. This firm fixed-price delivery order was issued under open competition with no set-aside designation and represents another in a series of high-value procurement actions supporting the Mint's gold supply requirements. The work will be performed in Great Britain, with materials delivered directly to U.S. Mint production facilities to support the agency's coinage and commemorative medal manufacturing operations.

This delivery order is issued under Stonex Financial LTD's indefinite delivery vehicle (IDV) for raw gold bullion supply, which provides the foundational procurement framework enabling the U.S. Mint to issue firm fixed-price orders as operational needs arise without competitive solicitation. The vendor has maintained a consistent strategic supplier relationship with the Treasury Department's Mint since 2021, delivering precious metals commodities that are essential to federal coin and medal production. Stonex Financial LTD also holds a separate major IDV for silver raw materials with a $10 billion ceiling through December 31, 2040, underscoring the long-term nature of this critical international procurement partnership for the nation's precious metals supply chain.

Quick answers

Who was awarded contract 2031JG26F51488?

2031JG26F51488 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 25, 2026.

How much is contract 2031JG26F51488 worth?

The government has obligated $1,873,241 on 2031JG26F51488.

Is contract 2031JG26F51488 an order under another contract?

Yes. 2031JG26F51488 is a delivery order under 2031JG20D00010, an indefinite delivery contract.

Was contract 2031JG26F51488 competed?

The extent of competition for 2031JG26F51488 was full and open competition.

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