Silver raw material
Ended Awarded
- Contract number
- 2031JG23F56004
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,972,232
Award facts
- Contract value 100% obligated
- $9,972,232.07 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 is a firm fixed price delivery order contract awarded by the United States Mint, a civilian federal agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the supply of silver raw material, with a ceiling value of $9,972,232.07 and an ultimate completion date of November 21, 2022.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company has been awarded numerous delivery order contracts with the Mint since 2021, ranging from $1 million to $22 million per order. Additionally, Stonex Financial LTD 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 for raw gold bullion. These contracts enable the Mint to maintain a steady and reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.
The contract does not have a set-aside designation, indicating it was openly competed. There is no information provided about any major subcontractors involved in the contract.
Quick answers
Who was awarded contract 2031JG23F56004?
2031JG23F56004 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 14, 2022.
How much is contract 2031JG23F56004 worth?
The government has obligated $9,972,232 on 2031JG23F56004.
Is contract 2031JG23F56004 an order under another contract?
Yes. 2031JG23F56004 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56004 competed?
The extent of competition for 2031JG23F56004 was full and open competition. The government received 4 offers.
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