Silver raw bullion
Ended Awarded
- Contract number
- 2031JG23F56001
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,164,134
Award facts
- Contract value 100% obligated
- $12,164,133.69 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 federal contract award, with ID 2031JG21D00023|2031JG23F56001, was issued 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 delivery of silver raw bullion and silver bullion, with a ceiling value of $12,164,133.69.
The contract is a delivery order, with a firm fixed price pricing type, and has an ultimate completion date of November 4, 2022. Stonex Financial LTD is not a small business, and this contract does not have a set-aside designation.
Stonex Financial LTD is a critical supplier of raw precious metal materials, including silver, to the United States Mint. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDVs allow the Mint to routinely issue firm fixed price delivery orders to Stonex Financial LTD to support the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG23F56001?
2031JG23F56001 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 19, 2022.
How much is contract 2031JG23F56001 worth?
The government has obligated $12,164,134 on 2031JG23F56001.
Is contract 2031JG23F56001 an order under another contract?
Yes. 2031JG23F56001 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56001 competed?
The extent of competition for 2031JG23F56001 was full and open competition. The government received 4 offers.
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