Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56057
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $16,892,890
Award facts
- Contract value 100% obligated
- $16,892,890.31 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 firm fixed price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The contract is for the delivery of silver raw material and silver bullion, with a ceiling value of $16,892,890.31 and a completion date of February 12, 2025.
Stonex Financial LTD is the prime contractor and does not have any major subcontractors mentioned. This contract is part of a larger multiple-award indefinite delivery vehicle (IDV) contract for silver raw materials with a $10 billion ceiling value, which was awarded to Stonex Financial LTD on June 23, 2021 and extends through December 31, 2040. The contract does not have a set-aside designation, indicating it was competitively awarded.
The silver raw materials and bullion provided under this contract are essential for the United States Mint's ongoing coin and medal production operations, ensuring a reliable international supply chain for the agency's precious metal requirements.
Quick answers
Who was awarded contract 2031JG25F56057?
2031JG25F56057 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 5, 2025.
How much is contract 2031JG25F56057 worth?
The government has obligated $16,892,890 on 2031JG25F56057.
Is contract 2031JG25F56057 an order under another contract?
Yes. 2031JG25F56057 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56057 competed?
The extent of competition for 2031JG25F56057 was full and open competition. The government received 3 offers.
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