Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F51512
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,694,263
Award facts
- Contract value 100% obligated
- $5,694,262.85 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
Award details come from SAM.gov/FPDS.
About this award
The U.S. Mint, a civilian agency within the Department of the Treasury, awarded a delivery order valued at approximately $5.7 million to Stonex Financial LTD for the supply of raw gold bullion. The contract, issued on April 30, 2026, with an ultimate completion date of May 21, 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 and risk management firm, serves as the prime contractor with no identified subcontractors, performing substantially all work from its facilities in Great Britain and delivering materials directly to U.S. Mint production centers.
This delivery order is issued under an indefinite delivery vehicle (IDV) for raw gold bullion that Stonex Financial LTD has held with the U.S. Mint, enabling the agency to procure precious metal commodities as operational needs arise without requiring competitive solicitation for each transaction. The award reflects the continuation of a strategic supplier relationship established in 2021, with Stonex Financial LTD having received numerous delivery orders for gold and silver raw materials valued between $1 million and $22 million. The company also maintains a second major IDV for silver raw materials with a $10 billion ceiling value extending through December 31, 2040, underscoring the long-term nature of the Mint's reliance on this international supplier to support its core mission of producing circulating coins, commemorative coins, bullion coins, and national medals.
Quick answers
Who was awarded contract 2031JG26F51512?
2031JG26F51512 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 30, 2026.
How much is contract 2031JG26F51512 worth?
The government has obligated $5,694,263 on 2031JG26F51512.
Is contract 2031JG26F51512 an order under another contract?
Yes. 2031JG26F51512 is a delivery order under 2031JG20D00010, an indefinite delivery contract.
Was contract 2031JG26F51512 competed?
The extent of competition for 2031JG26F51512 was full and open competition.
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