Silver raw material

Ended Awarded Last action

Contract number
2031JG23F56021
Awardee
Awarding agency
Obligated
$16,141,598

Award facts

Contract value 100% obligated
$16,141,598.15 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00001 $2,783,458
Original award $13,358,140

About this award

This federal contract award, with ID 2031JG21D00023|2031JG23F56021, was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The $16,141,598.15 firm fixed price delivery order contract is for the provision of silver raw material and silver bullion to support the Mint's coin and medal production operations.

The contract is not set aside and appears to be part of a larger indefinite delivery vehicle (IDV) contract worth up to $10 billion that Stonex Financial LTD holds with the United States Mint for the supply of silver raw materials. This strategic sourcing approach ensures a reliable international supply chain for the agency's precious metal requirements.

Quick answers

Who was awarded contract 2031JG23F56021?

2031JG23F56021 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on July 28, 2023.

How much is contract 2031JG23F56021 worth?

The government has obligated $16,141,598 on 2031JG23F56021.

Is contract 2031JG23F56021 an order under another contract?

Yes. 2031JG23F56021 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG23F56021 competed?

The extent of competition for 2031JG23F56021 was full and open competition. The government received 4 offers.

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