Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51510
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,897,615
Award facts
- Contract value 100% obligated
- $3,897,614.85 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
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this award
The United States Mint awarded a delivery order valued at $3.9 million to Stonex Financial LTD for the procurement of raw gold bullion, with performance to be completed by May 21, 2026. This firm fixed-price contract, issued on April 29, 2026, represents a continuation of the Mint's strategic sourcing relationship with the London-based precious metals supplier. The award was made through open competition with no set-aside designation, allowing any qualified vendor to compete. Stonex Financial LTD will perform substantially all work from its facilities in Great Britain and deliver materials directly to U.S. Mint production centers to support the agency's coinage and commemorative medal manufacturing operations.
This delivery order is issued under a larger indefinite delivery vehicle (IDV) for raw gold bullion supply that provides the foundational procurement framework for ongoing transactions between the U.S. Mint and Stonex Financial LTD. The vendor also holds a second significant IDV with a $10 billion ceiling for silver raw materials, awarded in June 2021 with performance extending through December 31, 2040, underscoring the long-term strategic nature of this supplier relationship. These IDVs enable the Treasury Department's civilian agency to efficiently procure the high-value precious metal commodities essential to its core mission of producing circulating coins, bullion coins, and national medals without requiring competitive solicitation for each routine transaction.
Quick answers
Who was awarded contract 2031JG26F51510?
2031JG26F51510 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 29, 2026.
How much is contract 2031JG26F51510 worth?
The government has obligated $3,897,615 on 2031JG26F51510.
Is contract 2031JG26F51510 an order under another contract?
Yes. 2031JG26F51510 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51510 competed?
The extent of competition for 2031JG26F51510 was full and open competition.
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