Silver raw bullion
Ended Awarded
- Contract number
- 2031JG23F56002
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,925,741
Award facts
- Contract value 100% obligated
- $12,925,740.81 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 · 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 to Stonex Financial LTD, doing business as Intl, is a delivery order contract valued at $12,925,740.81 for the supply of silver raw bullion to the United States Mint. The contract is a firm fixed price arrangement without any set-aside designation.
Stonex Financial LTD, a for-profit organization based in London, United Kingdom, specializes in global commodity trading and risk management, particularly for precious metals. The company holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, one for silver raw materials with a $10 billion ceiling value and another likely for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from this proven international supplier to support the agency's ongoing coin and medal production operations.
The current award represents one of numerous delivery order contracts the United States Mint has issued to Stonex Financial LTD since 2021, demonstrating the company's specialized capability in supplying high-value precious metal raw materials. The performance location for this contract is in Great Britain, United Kingdom.
Quick answers
Who was awarded contract 2031JG23F56002?
2031JG23F56002 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on October 27, 2022.
How much is contract 2031JG23F56002 worth?
The government has obligated $12,925,741 on 2031JG23F56002.
Is contract 2031JG23F56002 an order under another contract?
Yes. 2031JG23F56002 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56002 competed?
The extent of competition for 2031JG23F56002 was full and open competition. The government received 4 offers.
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