Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56064
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $21,345,607
Award facts
- Contract value 100% obligated
- $21,345,607.49 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 supply of silver raw material and silver bullion, with a ceiling value of $21,345,607.49 and a period of performance ending on March 10, 2025.
Stonex Financial LTD is the prime contractor and sole provider of the raw precious metal materials under this contract. The contract is not set aside and was awarded through open competition. It is part of a larger $10 billion indefinite delivery vehicle (IDV) contract with the United States Mint for the supply of silver raw materials, which was awarded on June 23, 2021 and extends through December 31, 2040. This IDV allows the Mint to routinely issue firm fixed-price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to ensure a reliable international supply chain for the agency's precious metal requirements.
Quick answers
Who was awarded contract 2031JG25F56064?
2031JG25F56064 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 3, 2025.
How much is contract 2031JG25F56064 worth?
The government has obligated $21,345,607 on 2031JG25F56064.
Is contract 2031JG25F56064 an order under another contract?
Yes. 2031JG25F56064 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56064 competed?
The extent of competition for 2031JG25F56064 was full and open competition. The government received 3 offers.
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