Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51507
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,750,717
Award facts
- Contract value 100% obligated
- $1,750,716.61 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 $1.75M to Stonex Financial LTD for the procurement of raw gold bullion, with an ultimate completion date of May 5, 2026. This firm fixed-price delivery order was issued under open competition with no set-aside designation, reflecting the agency's confidence in the vendor's capabilities to supply precious metal commodities essential to federal coinage and commemorative medal production. Stonex Financial LTD, a London-based international commodity trading and risk management firm, will perform substantially all work from its facilities in Great Britain, United Kingdom, delivering materials directly to U.S. Mint production centers. The contract represents part of the Mint's ongoing procurement strategy for raw precious metals necessary to support its core mission.
This delivery order is issued under Stonex Financial LTD's broader indefinite delivery vehicle (IDV) for raw gold bullion supply with the United States Mint, which provides the foundational procurement framework enabling the agency to issue firm fixed-price orders as operational needs arise without requiring individual competitive solicitations. The vendor also maintains a second significant IDV with the Mint for silver raw materials, valued at $10 billion with a performance period extending through December 31, 2040, demonstrating the strategic and long-term nature of this supplier relationship. Since 2021, Stonex Financial LTD has served as the prime contractor on multiple delivery orders for the Mint, with no identified subcontractors, and has consistently demonstrated its ability to reliably supply high-value precious metal commodities essential to the nation's coinage and medal programs.
Quick answers
Who was awarded contract 2031JG26F51507?
2031JG26F51507 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 15, 2026.
How much is contract 2031JG26F51507 worth?
The government has obligated $1,750,717 on 2031JG26F51507.
Is contract 2031JG26F51507 an order under another contract?
Yes. 2031JG26F51507 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51507 competed?
The extent of competition for 2031JG26F51507 was full and open competition.
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