Silver raw material

Ended Awarded

Contract number
2031JG24F56030
Awardee
Awarding agency
Obligated
$16,019,088

Award facts

Contract value 100% obligated
$16,019,087.77 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The $16,019,087.77 firm fixed price delivery order contract is for the supply of silver raw material.

The award is part of a larger $10 billion multiple-award indefinite delivery vehicle (IDV) contract for silver raw materials, which was originally awarded to Stonex Financial LTD in June 2021. The IDV extends through December 2040, allowing the United States Mint to consistently procure critical precious metal raw materials from this international supplier to support the agency's ongoing coin and medal production operations.

This specific delivery order does not have a set-aside designation. Stonex Financial LTD has been a proven vendor for the United States Mint, having been awarded numerous precious metal supply contracts valued between $1 million and $22 million since 2021.

Quick answers

Who was awarded contract 2031JG24F56030?

2031JG24F56030 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 28, 2024.

How much is contract 2031JG24F56030 worth?

The government has obligated $16,019,088 on 2031JG24F56030.

Is contract 2031JG24F56030 an order under another contract?

Yes. 2031JG24F56030 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG24F56030 competed?

The extent of competition for 2031JG24F56030 was full and open competition. The government received 4 offers.

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