Silver raw material
Ended Awarded
- Contract number
- 2031JG23F56003
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $10,072,352
Award facts
- Contract value 100% obligated
- $10,072,352.49 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|2031JG23F56003, was issued by the United States Mint (an agency of the U.S. government) to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of silver raw material and silver bullion, with a ceiling value of $10,072,352.49. It is a firm fixed price delivery order contract, without any set-aside designation, indicating open competition.
Stonex Financial LTD is the prime contractor for this award and has a history of providing critical raw precious metal materials, including gold, silver, and palladium, to the United States Mint. The contract supports the Mint's ongoing coin and medal production operations by ensuring a reliable international supply chain for these essential raw materials. This award is part of a larger indefinite delivery vehicle (IDV) contract between the United States Mint and Stonex Financial LTD, with a $10 billion ceiling value, which allows the Mint to routinely issue firm fixed price delivery orders for silver raw materials.
Quick answers
Who was awarded contract 2031JG23F56003?
2031JG23F56003 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 3, 2022.
How much is contract 2031JG23F56003 worth?
The government has obligated $10,072,352 on 2031JG23F56003.
Is contract 2031JG23F56003 an order under another contract?
Yes. 2031JG23F56003 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56003 competed?
The extent of competition for 2031JG23F56003 was full and open competition. The government received 4 offers.
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