Silver raw material

Ended Awarded

Contract number
2031JG24F56042
Awardee
Awarding agency
Obligated
$20,220,164

Award facts

Contract value 100% obligated
$20,220,164.21 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 is a firm fixed price delivery order contract awarded to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, for the provision of silver raw material and silver bullion to the United States Mint. The contract has a ceiling value of $20,220,164.21 and an ultimate completion date of September 30, 2024. This delivery order contract is part of a larger indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for silver raw materials, with a $10 billion ceiling value and a period of performance extending through December 31, 2040. The contract does not have a set-aside designation, indicating open competition. The silver raw materials and bullion supplied under this contract are critical inputs for the Mint's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG24F56042?

2031JG24F56042 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on September 19, 2024.

How much is contract 2031JG24F56042 worth?

The government has obligated $20,220,164 on 2031JG24F56042.

Is contract 2031JG24F56042 an order under another contract?

Yes. 2031JG24F56042 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG24F56042 competed?

The extent of competition for 2031JG24F56042 was full and open competition. The government received 3 offers.

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