Silver raw material
Ended Awarded
- Contract number
- 2031JG24F56033
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,498,765
Award facts
- Contract value 100% obligated
- $15,498,765.34 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 is for the delivery of silver raw material and silver bullion to the United States Mint, a civilian agency under the Department of the Treasury. The prime contractor, Stonex Financial LTD, a for-profit organization based in London, United Kingdom, has been awarded a firm fixed price delivery order contract valued at $15,498,765.34. The contract has an ultimate completion date of April 22, 2024 and is not a set-aside contract.
Stonex Financial LTD appears to be a critical supplier of precious metal raw materials to the United States Mint, providing gold, silver, and palladium through multiple indefinite delivery vehicle (IDV) contracts with a combined ceiling value of over $10 billion. These IDV contracts enable 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 2031JG24F56033?
2031JG24F56033 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 16, 2024.
How much is contract 2031JG24F56033 worth?
The government has obligated $15,498,765 on 2031JG24F56033.
Is contract 2031JG24F56033 an order under another contract?
Yes. 2031JG24F56033 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG24F56033 competed?
The extent of competition for 2031JG24F56033 was full and open competition. The government received 3 offers.
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