Silver raw material
Ended Awarded Last action
- Contract number
- 2031JG23F56019
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,673,628
Award facts
- Contract value 100% obligated
- $15,673,628.44 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 · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Great Britain, United Kingdom
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $2,505,313 | |
| Original award | $13,168,316 |
About this award
This federal contract award is for the delivery of silver bullion and silver raw material to the United States Mint, a civilian agency under the Department of the Treasury. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, that specializes in global commodity trading and risk management, with a focus on precious metals.
The contract, valued at $15,673,628.44, is a firm fixed price delivery order contract with a completion date of August 4, 2023. It is not set aside for any specific business category. Stonex Financial LTD is the prime contractor and sole supplier for this award, which is part of the United States Mint's larger indefinite delivery vehicle (IDV) contracts for silver raw materials, valued up to $10 billion, and raw gold bullion supply.
Quick answers
Who was awarded contract 2031JG23F56019?
2031JG23F56019 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 20, 2023.
How much is contract 2031JG23F56019 worth?
The government has obligated $15,673,628 on 2031JG23F56019.
Is contract 2031JG23F56019 an order under another contract?
Yes. 2031JG23F56019 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56019 competed?
The extent of competition for 2031JG23F56019 was full and open competition. The government received 2 offers.
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