Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51490
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,907,853
Award facts
- Contract value 100% obligated
- $1,907,853.01 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 United States Mint awarded a $1.9 million firm fixed-price delivery order for raw gold bullion to Stonex Financial LTD, a London-based precious metals trading company, with an ultimate completion date of March 11, 2026. This delivery order was issued without a set-aside designation, indicating open competition among qualified vendors. Stonex Financial LTD will perform substantially all work from its facilities in Great Britain, delivering materials directly to U.S. Mint production centers. This award represents part of the Mint's ongoing procurement of precious metal raw materials essential for producing circulating coins, commemorative coins, bullion coins, and national medals.
This delivery order is issued under an existing indefinite delivery vehicle for raw gold bullion that Stonex Financial LTD holds with the United States Mint, which provides the foundational procurement framework enabling the agency to issue routine orders without requiring competitive solicitation for each transaction. Stonex Financial LTD has served as a consistent strategic supplier to the Mint since 2021, with a demonstrated history of delivering high-value precious metal commodities through open competition. The company also maintains a separate $10 billion indefinite delivery contract for silver raw materials with a performance period extending through December 31, 2040, underscoring the Mint's confidence in the vendor's capabilities to reliably supply the critical international procurement pathway necessary for the Treasury Department's coinage and medal production operations.
Quick answers
Who was awarded contract 2031JG26F51490?
2031JG26F51490 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 3, 2026.
How much is contract 2031JG26F51490 worth?
The government has obligated $1,907,853 on 2031JG26F51490.
Is contract 2031JG26F51490 an order under another contract?
Yes. 2031JG26F51490 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51490 competed?
The extent of competition for 2031JG26F51490 was full and open competition.
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