Silver raw material

Ended Awarded

Contract number
2031JG25F56049
Awardee
Awarding agency
Obligated
$20,678,037

Award facts

Contract value 100% obligated
$20,678,037.20 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 · 2 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 $20,678,037.20 and a completion date of December 23, 2024.

Stonex Financial LTD is the prime contractor and sole provider of the silver raw materials and bullion under this contract. The contract is not set aside and was awarded through open competition. This delivery order is part of a larger $10 billion indefinite delivery vehicle (IDV) contract for silver raw materials that was awarded to Stonex Financial LTD on June 23, 2021, allowing the United States Mint to regularly order silver supplies from the company to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F56049?

2031JG25F56049 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 16, 2024.

How much is contract 2031JG25F56049 worth?

The government has obligated $20,678,037 on 2031JG25F56049.

Is contract 2031JG25F56049 an order under another contract?

Yes. 2031JG25F56049 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG25F56049 competed?

The extent of competition for 2031JG25F56049 was full and open competition. The government received 2 offers.

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