Silver raw material
Ended Awarded
- Contract number
- 2031JG23F56005
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,554,211
Award facts
- Contract value 100% obligated
- $12,554,210.96 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 · 1 offer 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 the United Kingdom. The contract is for the provision of silver raw material and silver bullion, with a ceiling value of $12,554,210.96 and an ultimate completion date of January 9, 2023. This contract is part of a larger $10 billion multiple-award indefinite delivery vehicle (IDV) contract for silver raw materials, which was awarded to Stonex Financial LTD on June 23, 2021 and extends through December 31, 2040. The contract does not have a set-aside designation, indicating open competition. The United States Mint, which is responsible for the production of circulating coins, commemorative coins, bullion coins, and national medals, relies on this contract to ensure a steady and reliable supply of critical raw precious metal materials from an international source.
Quick answers
Who was awarded contract 2031JG23F56005?
2031JG23F56005 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 28, 2022.
How much is contract 2031JG23F56005 worth?
The government has obligated $12,554,211 on 2031JG23F56005.
Is contract 2031JG23F56005 an order under another contract?
Yes. 2031JG23F56005 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56005 competed?
The extent of competition for 2031JG23F56005 was full and open competition. The government received 1 offer.
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