Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56055
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $20,270,299
Award facts
- Contract value 100% obligated
- $20,270,298.54 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 by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the delivery of silver raw material and silver bullion, with a ceiling value of $20,270,298.54. It is a firm fixed price delivery order contract, with no set-aside designation, indicating open competition.
The contract is part of a larger indefinite delivery vehicle (IDV) contract with a $10 billion ceiling value, awarded to Stonex Financial LTD on June 23, 2021, which enables the United States Mint to routinely issue firm fixed price delivery orders for silver raw materials, typically valued between $10 million and $16 million each. Stonex Financial LTD appears to be the sole prime contractor on this contract, and the company specializes in global commodity trading and risk management, with a focus on precious metals.
Quick answers
Who was awarded contract 2031JG25F56055?
2031JG25F56055 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 29, 2025.
How much is contract 2031JG25F56055 worth?
The government has obligated $20,270,299 on 2031JG25F56055.
Is contract 2031JG25F56055 an order under another contract?
Yes. 2031JG25F56055 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56055 competed?
The extent of competition for 2031JG25F56055 was full and open competition. The government received 3 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award