Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51501
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,195,083
Award facts
- Contract value 100% obligated
- $4,195,082.88 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 $4.2 million firm fixed-price delivery order to Stonex Financial LTD for raw gold bullion under the MINT MAC GOLD BULLION program. The contract, issued on March 18, 2026, with an ultimate completion date of March 27, 2026, represents an open competition award with no set-aside designation. Stonex Financial LTD, a London-based international commodity trading firm, will perform substantially all work from its facilities in Great Britain, delivering precious metal materials directly to U.S. Mint production centers. This delivery order is issued under one of two significant indefinite delivery vehicles that Stonex Financial LTD maintains with the Treasury Department's civilian agency, establishing a strategic long-term procurement framework for precious metals supply.
The delivery order supports the U.S. Mint's core mission of producing circulating coins, commemorative coins, bullion coins, and national medals by ensuring reliable access to raw gold bullion essential for manufacturing operations. Stonex Financial LTD has established itself as a critical supplier through consistent performance on numerous delivery orders since 2021, with typical gold bullion awards ranging from $1 million to $22 million per transaction. The company's multiple-award indefinite delivery contract for precious metals, with a $10 billion ceiling value through December 31, 2040, enables the Mint to issue firm fixed-price delivery orders as operational needs arise without requiring competitive solicitation for each transaction, reflecting the agency's confidence in the vendor's capabilities to deliver high-value commodities essential to federal coinage and medal production programs.
Quick answers
Who was awarded contract 2031JG26F51501?
2031JG26F51501 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 18, 2026.
How much is contract 2031JG26F51501 worth?
The government has obligated $4,195,083 on 2031JG26F51501.
Is contract 2031JG26F51501 an order under another contract?
Yes. 2031JG26F51501 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51501 competed?
The extent of competition for 2031JG26F51501 was full and open competition.
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