Silver raw material

Ended Awarded

Contract number
2031JG25F56059
Awardee
Awarding agency
Obligated
$21,259,907

Award facts

Contract value 100% obligated
$21,259,906.61 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 · 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 London, United Kingdom. The contract is for the delivery of silver raw material and silver bullion, with a ceiling value of $21,259,906.61 and an ultimate completion date of February 21, 2025.

Stonex Financial LTD is the prime contractor and there are no set-aside designations indicated. This contract appears to be part of a larger $10 billion indefinite delivery vehicle (IDV) contract between Stonex Financial LTD and the United States Mint for the supply of silver raw materials, which was awarded on June 23, 2021 and extends through December 31, 2040. The silver raw materials and bullion provided under this contract are essential for the Mint's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F56059?

2031JG25F56059 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 14, 2025.

How much is contract 2031JG25F56059 worth?

The government has obligated $21,259,907 on 2031JG25F56059.

Is contract 2031JG25F56059 an order under another contract?

Yes. 2031JG25F56059 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG25F56059 competed?

The extent of competition for 2031JG25F56059 was full and open competition. The government received 3 offers.

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