Silver raw material
Ended Awarded Last action
- Contract number
- 2031JG23F56023
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,324,675
Award facts
- Contract value 100% obligated
- $13,324,675.47 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $1,246,362 | |
| Original award | $12,078,313 |
About this award
This federal contract award, valued at $13,324,675.47, was issued by the United States Mint to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of silver raw material, which is a critical input for the Mint's coin and medal production operations. The contract is a firm fixed price delivery order, without any set-aside designation, indicating open competition.
Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint - a $10 billion IDV for silver raw materials, and another IDV for raw gold bullion. These IDVs allow the Mint to routinely issue delivery orders to Stonex Financial LTD, ensuring a reliable international supply chain for the agency's precious metal requirements.
Quick answers
Who was awarded contract 2031JG23F56023?
2031JG23F56023 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 14, 2023.
How much is contract 2031JG23F56023 worth?
The government has obligated $13,324,675 on 2031JG23F56023.
Is contract 2031JG23F56023 an order under another contract?
Yes. 2031JG23F56023 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG23F56023 competed?
The extent of competition for 2031JG23F56023 was full and open competition. The government received 4 offers.
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