Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56053
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $19,754,131
Award facts
- Contract value 100% obligated
- $19,754,131.40 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 federal contract award to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, to provide silver raw material and silver bullion to the United States Mint. The contract has a ceiling value of $19,754,131.40 and is a delivery order contract type with a firm fixed price pricing structure. The contract supports the Mint's ongoing coin and medal production operations by ensuring a reliable supply of critical raw materials. Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value IDV for silver raw materials. This award is not associated with any set-aside designation, indicating open competition.
Quick answers
Who was awarded contract 2031JG25F56053?
2031JG25F56053 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 15, 2025.
How much is contract 2031JG25F56053 worth?
The government has obligated $19,754,131 on 2031JG25F56053.
Is contract 2031JG25F56053 an order under another contract?
Yes. 2031JG25F56053 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56053 competed?
The extent of competition for 2031JG25F56053 was full and open competition. The government received 3 offers.
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