Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51492
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,908,035
Award facts
- Contract value 100% obligated
- $1,908,035.44 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 delivery order valued at $1.9 million to Stonex Financial LTD for the procurement of raw gold bullion, with an ultimate completion date of March 11, 2026. This firm fixed-price delivery order, issued on March 3, 2026, represents part of the Mint's ongoing efforts to secure precious metal commodities essential for U.S. coinage and commemorative medal production. Stonex Financial LTD, a London-based international commodity trading firm, will perform this work from its facilities in Great Britain, delivering materials directly to U.S. Mint production centers. The contract carries no set-aside designation, indicating it was awarded through open competition.
This delivery order is issued under one of two significant indefinite delivery vehicles (IDVs) that Stonex Financial LTD maintains with the United States Mint. The larger of these IDVs is a multiple-award contract for silver raw materials with a $10 billion ceiling value, awarded on June 23, 2021, and extending through December 31, 2040. The second IDV covers raw gold bullion supply and provides the foundational framework enabling the Mint to issue routine firm fixed-price delivery orders as operational requirements arise. The consistent procurement pattern with Stonex Financial LTD since 2021, combined with the substantial IDV ceiling values, underscores the strategic nature of this supplier relationship and the Mint's confidence in the vendor's capabilities to provide high-value precious metal commodities on a reliable, long-term basis.
Quick answers
Who was awarded contract 2031JG26F51492?
2031JG26F51492 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 3, 2026.
How much is contract 2031JG26F51492 worth?
The government has obligated $1,908,035 on 2031JG26F51492.
Is contract 2031JG26F51492 an order under another contract?
Yes. 2031JG26F51492 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51492 competed?
The extent of competition for 2031JG26F51492 was full and open competition.
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