Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56058
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,976,144
Award facts
- Contract value 100% obligated
- $4,976,144.35 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 · 4 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 London, United Kingdom. The contract is for the supply of silver raw material and silver bullion, with a ceiling value of $4,976,144.35 and a completion date of February 14, 2025.
Stonex Financial LTD is an established supplier of precious metal raw materials to the United States Mint, having been awarded two significant indefinite delivery vehicle (IDV) contracts with the agency. The primary IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, which allows the Mint to routinely issue firm fixed-price delivery orders to Stonex Financial LTD. The second IDV appears to be for the supply of raw gold bullion, though its specific ceiling value is not stated. These IDVs ensure a reliable international supply chain for the Mint's precious metal requirements.
The contract does not have a set-aside designation, indicating open competition. Stonex Financial LTD is the prime contractor, and there are no major subcontractors mentioned.
Quick answers
Who was awarded contract 2031JG25F56058?
2031JG25F56058 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on January 16, 2025.
How much is contract 2031JG25F56058 worth?
The government has obligated $4,976,144 on 2031JG25F56058.
Is contract 2031JG25F56058 an order under another contract?
Yes. 2031JG25F56058 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56058 competed?
The extent of competition for 2031JG25F56058 was full and open competition. The government received 4 offers.
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