Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56050
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $19,915,809
Award facts
- Contract value 100% obligated
- $19,915,808.91 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 federal contract award is for the delivery of silver raw material to the United States Mint, a civilian agency of the U.S. government. The contract, valued at $19,915,808.91, was awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is a firm fixed price delivery order with no set-aside designation.
Stonex Financial LTD has been awarded numerous delivery order contracts with the United States Mint since 2021, ranging from $1 million to $22 million per order, for the supply of precious metal raw materials including gold, silver, and palladium. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDVs allow the Mint to consistently source critical raw materials from an international supplier to support its ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F56050?
2031JG25F56050 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on December 20, 2024.
How much is contract 2031JG25F56050 worth?
The government has obligated $19,915,809 on 2031JG25F56050.
Is contract 2031JG25F56050 an order under another contract?
Yes. 2031JG25F56050 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56050 competed?
The extent of competition for 2031JG25F56050 was full and open competition. The government received 2 offers.
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