Silver raw material

Ended Awarded

Contract number
2031JG24F56040
Awardee
Awarding agency
Obligated
$18,584,954

Award facts

Contract value 100% obligated
$18,584,953.64 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 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 delivery of silver raw material and silver bullion, with a ceiling value of $18,584,953.64 and a performance period through September 13, 2024. This delivery order is issued under Stonex Financial LTD's existing indefinite delivery vehicle (IDV) contracts with the United States Mint, which include a $10 billion ceiling multiple-award contract for silver raw materials. The contract does not have a set-aside designation, indicating open competition. Stonex Financial LTD is the prime contractor and is responsible for directly providing the required precious metal raw materials from its facilities in Great Britain to support the Mint's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG24F56040?

2031JG24F56040 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 5, 2024.

How much is contract 2031JG24F56040 worth?

The government has obligated $18,584,954 on 2031JG24F56040.

Is contract 2031JG24F56040 an order under another contract?

Yes. 2031JG24F56040 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG24F56040 competed?

The extent of competition for 2031JG24F56040 was full and open competition. The government received 3 offers.

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