Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51494
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,908,165
Award facts
- Contract value 100% obligated
- $1,908,164.66 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 contract valued at $1.91 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 was issued without a set-aside designation, indicating unrestricted competition among qualified vendors. Stonex Financial LTD, a London-based international commodity trading firm, will perform the work from its facilities in Great Britain and deliver materials directly to U.S. Mint production centers. The contract serves the Mint's core mission of producing circulating coins, commemorative coins, bullion coins, and national medals by ensuring reliable access to precious metal raw materials essential for these manufacturing operations.
This delivery order is issued under a larger indefinite delivery vehicle (IDV) for raw gold bullion supply established between the U.S. Mint and Stonex Financial LTD, which enables the agency to issue firm fixed-price orders for gold commodities as operational needs arise without requiring competitive solicitation for each transaction. Stonex Financial LTD also maintains a second significant IDV with the U.S. Mint—a $10 billion multiple-award contract for silver raw materials awarded June 23, 2021, with performance extending through December 31, 2040. These IDVs underscore the strategic and long-term nature of the Mint's reliance on Stonex Financial LTD as a critical international supplier of precious metals, with the company serving as prime contractor on all observed contracts and delivering high-value commodity procurement essential to federal coinage and commemorative medal programs.
Quick answers
Who was awarded contract 2031JG26F51494?
2031JG26F51494 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 3, 2026.
How much is contract 2031JG26F51494 worth?
The government has obligated $1,908,165 on 2031JG26F51494.
Is contract 2031JG26F51494 an order under another contract?
Yes. 2031JG26F51494 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51494 competed?
The extent of competition for 2031JG26F51494 was full and open competition.
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