Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51497
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,790,166
Award facts
- Contract value 100% obligated
- $3,790,165.92 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 $3.79 million firm fixed-price delivery order for raw gold bullion to Stonex Financial LTD, a London-based international commodity trading and precious metals procurement firm, 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, registered in the System for Award Management since March 2020, serves as the prime contractor with no identified subcontractors and performs substantially all work from its facilities in Great Britain. The company delivers raw gold bullion directly to U.S. Mint production centers to support the agency's coinage and commemorative medal manufacturing operations.
This delivery order operates under the foundational framework of Stonex Financial LTD's existing indefinite delivery vehicle (IDV) contract for raw gold bullion supply with the U.S. Mint. The company also maintains a larger $10 billion silver raw materials IDV contract awarded June 23, 2021, with performance extending through December 31, 2040, underscoring the long-term strategic nature of the supplier relationship. The consistent procurement pattern of high-value precious metal commodity awards to Stonex Financial LTD since 2021 demonstrates the U.S. Mint's confidence in the vendor's capabilities to reliably supply essential materials for federal coinage and medal production operations.
Quick answers
Who was awarded contract 2031JG26F51497?
2031JG26F51497 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 3, 2026.
How much is contract 2031JG26F51497 worth?
The government has obligated $3,790,166 on 2031JG26F51497.
Is contract 2031JG26F51497 an order under another contract?
Yes. 2031JG26F51497 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51497 competed?
The extent of competition for 2031JG26F51497 was full and open competition.
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