Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56061
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $20,770,746
Award facts
- Contract value 100% obligated
- $20,770,746.41 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 federal contract award is for the delivery of silver raw material to the United States Mint, a civilian agency of the U.S. government. The contract was awarded to Stonex Financial LTD, a for-profit international organization based in the United Kingdom, that specializes in global commodity trading and risk management, particularly for precious metals.
The contract has a ceiling value of $20,770,746.41 and is a delivery order contract with a firm fixed price pricing type. The performance period extends to March 10, 2025. This contract appears to be part of a larger indefinite delivery vehicle (IDV) contract that Stonex Financial LTD holds with the United States Mint for the supply of silver and gold raw materials, with a $10 billion ceiling value extending through December 2040. The agency uses these IDVs to maintain a steady and reliable supply of precious metals from an international source to support its ongoing coin and medal production operations. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG25F56061?
2031JG25F56061 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on February 25, 2025.
How much is contract 2031JG25F56061 worth?
The government has obligated $20,770,746 on 2031JG25F56061.
Is contract 2031JG25F56061 an order under another contract?
Yes. 2031JG25F56061 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56061 competed?
The extent of competition for 2031JG25F56061 was full and open competition. The government received 3 offers.
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