Silver raw material

Ended Awarded

Contract number
2031JG23F56025
Awardee
Awarding agency
Obligated
$14,761,235

Award facts

Contract value 100% obligated
$14,761,235.32 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

This federal contract award is for the delivery of silver raw material and silver bullion to the United States Mint, a civilian agency within the U.S. government. The contract has a total ceiling value of $14,761,235.32 and was awarded on August 29, 2023, with a completion date of September 4, 2023. The contract is a firm fixed price delivery order issued under a larger indefinite delivery vehicle (IDV) contract for silver raw materials, which has a $10 billion ceiling value and was awarded to the prime contractor, Stonex Financial LTD, on June 23, 2021. Stonex Financial LTD, a for-profit organization based in London, United Kingdom, is the sole prime contractor for this award and does not have any major subcontractors listed. The contract does not have a set-aside designation, indicating it was awarded through open competition.

Quick answers

Who was awarded contract 2031JG23F56025?

2031JG23F56025 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on August 29, 2023.

How much is contract 2031JG23F56025 worth?

The government has obligated $14,761,235 on 2031JG23F56025.

Is contract 2031JG23F56025 an order under another contract?

Yes. 2031JG23F56025 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG23F56025 competed?

The extent of competition for 2031JG23F56025 was full and open competition. The government received 4 offers.

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