Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56067
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $18,195,373
Award facts
- Contract value 100% obligated
- $18,195,372.50 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 to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, that specializes in global commodity trading and risk management. The contract is valued at $18,195,372.50 and involves the provision of silver raw material and silver bullion to the United States Mint, a civilian agency under the Department of the Treasury.
The contract is not set aside and was competitively awarded as part of the Mint's larger multiple-award indefinite delivery vehicle (IDV) contract for silver raw materials, which has a $10 billion ceiling value and was awarded on June 23, 2021. Under this IDV, the Mint can routinely issue firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to support the agency's ongoing coin and medal production operations by ensuring a steady and reliable supply of critical raw materials from an international source.
Quick answers
Who was awarded contract 2031JG25F56067?
2031JG25F56067 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 18, 2025.
How much is contract 2031JG25F56067 worth?
The government has obligated $18,195,373 on 2031JG25F56067.
Is contract 2031JG25F56067 an order under another contract?
Yes. 2031JG25F56067 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56067 competed?
The extent of competition for 2031JG25F56067 was full and open competition. The government received 3 offers.
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