Silver raw material
Ended Awarded
- Contract number
- 2031JG23F56018
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,551,374
Award facts
- Contract value 100% obligated
- $12,551,373.72 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 federal contract award was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The $12,551,373.72 firm fixed price delivery order contract is for the supply of silver raw material and silver bullion, a critical input for the Mint's coin and medal production operations.
The award is part of a larger $10 billion indefinite delivery vehicle (IDV) contract between the Mint and Stonex Financial LTD for silver raw materials, which was originally awarded on June 23, 2021 and extends through December 31, 2040. This strategic procurement approach ensures a reliable international supply chain for the Mint's precious metal requirements. The contract does not have a set-aside designation, indicating open competition.
Quick answers
Who was awarded contract 2031JG23F56018?
2031JG23F56018 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 13, 2023.
How much is contract 2031JG23F56018 worth?
The government has obligated $12,551,374 on 2031JG23F56018.
Is contract 2031JG23F56018 an order under another contract?
Yes. 2031JG23F56018 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56018 competed?
The extent of competition for 2031JG23F56018 was full and open competition. The government received 4 offers.
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