Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51500
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,443,567
Award facts
- Contract value 100% obligated
- $6,443,567.49 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 to Stonex Financial LTD for the procurement of raw gold bullion, with a ceiling value of $6.44 million. The contract, issued on March 18, 2026, with an ultimate completion date of March 27, 2026, operates under a firm fixed-price structure with no set-aside designation, indicating open competition among qualified vendors. Stonex Financial LTD, a London-based international commodity trading firm, serves as the prime contractor and will perform substantially all work from its facilities in Great Britain, delivering materials directly to U.S. Mint production centers. The award was issued through open competition without competitive restrictions, consistent with the Mint's established procurement pattern with this vendor.
This delivery order is issued under a larger indefinite delivery vehicle (IDV) contract for raw gold bullion supply that provides the foundational procurement framework for the Mint's ongoing precious metals sourcing. The IDV structure enables the Treasury Department agency to issue routine firm fixed-price delivery orders as operational needs arise without requiring competitive solicitation for each transaction. Stonex Financial LTD's role as a critical supplier reflects the Mint's confidence in the vendor's capabilities to provide high-value precious metal commodities essential to the production of circulating coins, commemorative coins, bullion coins, and national medals. The vendor also maintains a separate $10 billion ceiling IDV contract for silver raw materials with a performance period extending through December 31, 2040, demonstrating the strategic and long-term nature of the Mint's international supplier relationship.
Quick answers
Who was awarded contract 2031JG26F51500?
2031JG26F51500 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 18, 2026.
How much is contract 2031JG26F51500 worth?
The government has obligated $6,443,567 on 2031JG26F51500.
Is contract 2031JG26F51500 an order under another contract?
Yes. 2031JG26F51500 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51500 competed?
The extent of competition for 2031JG26F51500 was full and open competition.
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