Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56056
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $16,885,361
Award facts
- Contract value 100% obligated
- $16,885,360.80 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 federal contract award is for the delivery of silver raw material and silver bullion to the United States Mint, a civilian agency under the Department of the Treasury. The prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management.
The contract is a delivery order with a firm fixed price, valued at $16,885,360.80, and has an ultimate completion date of February 12, 2025. It is not designated as a set-aside contract. Stonex Financial LTD is an established supplier of precious metal raw materials to the U.S. Mint, having been awarded two significant indefinite delivery vehicle (IDV) contracts, one for silver raw materials with a $10 billion ceiling value, and another for raw gold bullion. These IDVs allow the Mint to routinely issue delivery orders to Stonex Financial LTD to ensure a reliable international supply chain for its precious metal requirements.
Quick answers
Who was awarded contract 2031JG25F56056?
2031JG25F56056 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 4, 2025.
How much is contract 2031JG25F56056 worth?
The government has obligated $16,885,361 on 2031JG25F56056.
Is contract 2031JG25F56056 an order under another contract?
Yes. 2031JG25F56056 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56056 competed?
The extent of competition for 2031JG25F56056 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