Silver raw material

Ended Awarded

Contract number
2031JG23F56013
Awardee
Awarding agency
Obligated
$15,341,976

Award facts

Contract value 100% obligated
$15,341,976.12 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 contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, specializing in global commodity trading and risk management with a focus on precious metals. The contract, valued at $15,341,976.12, is a delivery order for the supply of "SILVER RAW MATERIAL" to the United States Mint, a civilian agency of the U.S. government. The contract has no set-aside designation and is a firm fixed-price agreement with an ultimate completion date of April 5, 2023.

Stonex Financial LTD has been awarded multiple indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials and another IDV for raw gold bullion. These strategic procurement vehicles allow the Mint to consistently source critical precious metal raw materials from this proven international supplier, supporting the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F56013?

2031JG23F56013 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 30, 2023.

How much is contract 2031JG23F56013 worth?

The government has obligated $15,341,976 on 2031JG23F56013.

Is contract 2031JG23F56013 an order under another contract?

Yes. 2031JG23F56013 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG23F56013 competed?

The extent of competition for 2031JG23F56013 was full and open competition. The government received 4 offers.

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