Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56052
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $19,701,452
Award facts
- Contract value 100% obligated
- $19,701,452.04 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 to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the provision of silver raw material and silver bullion, with a ceiling value of $19,701,452.04 and a performance period ending on February 14, 2025.
Stonex Financial LTD is an established supplier of precious metal raw materials, including gold, silver, and palladium, to the United States Mint. This delivery order contract is issued under two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDV contracts enable the Mint to routinely issue firm fixed price delivery orders to Stonex Financial LTD to support the agency's ongoing coin and medal production operations. There is no set-aside designation for this contract, indicating open competition.
Quick answers
Who was awarded contract 2031JG25F56052?
2031JG25F56052 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 15, 2025.
How much is contract 2031JG25F56052 worth?
The government has obligated $19,701,452 on 2031JG25F56052.
Is contract 2031JG25F56052 an order under another contract?
Yes. 2031JG25F56052 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56052 competed?
The extent of competition for 2031JG25F56052 was full and open competition. The government received 3 offers.
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