Silver raw bullion

Ended Awarded

Contract number
2031JG22F56000
Awardee
Awarding agency
Obligated
$15,614,095

Award facts

Contract value 100% obligated
$15,614,094.92 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 · 4 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Great Britain, United Kingdom

Award details come from SAM.gov/FPDS.

About this award

This is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the supply of silver raw bullion, with a ceiling value of $15,614,094.92 and a completion date of May 9, 2022. The award date was May 2, 2022. This appears to be part of a larger indefinite delivery vehicle (IDV) contract with a $10 billion ceiling value that Stonex Financial LTD holds with the United States Mint for the supply of silver raw materials. The contract has no set-aside designation, indicating open competition. The silver bullion is used by the United States Mint for the production of circulating coins, commemorative coins, bullion coins, and national medals.

Quick answers

Who was awarded contract 2031JG22F56000?

2031JG22F56000 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 2, 2022.

How much is contract 2031JG22F56000 worth?

The government has obligated $15,614,095 on 2031JG22F56000.

Is contract 2031JG22F56000 an order under another contract?

Yes. 2031JG22F56000 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG22F56000 competed?

The extent of competition for 2031JG22F56000 was full and open competition. The government received 4 offers.

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