Silver raw material
Ended Awarded
- Contract number
- 2031JG24F56026
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,368,995
Award facts
- Contract value 100% obligated
- $15,368,994.66 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 is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in the United Kingdom. The contract is for the supply of silver raw material and silver bullion, with a ceiling value of $15,368,994.66 and a period of performance through November 30, 2023.
The contract appears to be part of a larger $10 billion indefinite delivery vehicle (IDV) contract between the United States Mint and Stonex Financial LTD for the supply of silver raw materials. This IDV contract was originally awarded on June 23, 2021 and extends through December 31, 2040, allowing the Mint to issue firm fixed-price delivery orders to Stonex Financial LTD typically valued between $10 million and $16 million each. The contract does not have a set-aside designation, indicating open competition. The silver raw materials and bullion supplied under this contract support the Mint's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG24F56026?
2031JG24F56026 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on November 21, 2023.
How much is contract 2031JG24F56026 worth?
The government has obligated $15,368,995 on 2031JG24F56026.
Is contract 2031JG24F56026 an order under another contract?
Yes. 2031JG24F56026 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG24F56026 competed?
The extent of competition for 2031JG24F56026 was full and open competition. The government received 4 offers.
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