Silver raw material
Ended Awarded
- Contract number
- 2031JG24F56028
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,566,154
Award facts
- Contract value 100% obligated
- $12,566,153.84 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 · 3 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 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 $12,566,153.84 firm fixed price delivery order contract is for the provision of silver raw material, with a period of performance ending on December 21, 2023.
Stonex Financial LTD is an established supplier of precious metals, including gold, silver, and palladium, to the United States Mint. The company holds two indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. Under these IDVs, the Mint routinely issues delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations. This contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F56028?
2031JG24F56028 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 14, 2023.
How much is contract 2031JG24F56028 worth?
The government has obligated $12,566,154 on 2031JG24F56028.
Is contract 2031JG24F56028 an order under another contract?
Yes. 2031JG24F56028 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG24F56028 competed?
The extent of competition for 2031JG24F56028 was full and open competition. The government received 3 offers.
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