Silver raw material

Ended Awarded

Contract number
2031JG23F56014
Awardee
Awarding agency
Obligated
$12,950,902

Award facts

Contract value 100% obligated
$12,950,901.87 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

The U.S. government, through the United States Mint, awarded a $12,950,901.87 firm fixed-price delivery order contract to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of silver raw material and is part of a larger $10 billion indefinite delivery vehicle (IDV) contract that Stonex Financial LTD holds with the United States Mint for the supply of silver and gold raw materials. The contract does not have a set-aside designation and the performance period is through April 17, 2023. This contract award demonstrates the United States Mint's strategic approach to sourcing critical precious metal raw materials from a proven international supplier to support the agency's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG23F56014?

2031JG23F56014 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 10, 2023.

How much is contract 2031JG23F56014 worth?

The government has obligated $12,950,902 on 2031JG23F56014.

Is contract 2031JG23F56014 an order under another contract?

Yes. 2031JG23F56014 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG23F56014 competed?

The extent of competition for 2031JG23F56014 was full and open competition. The government received 4 offers.

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