Silver raw material

Ended Awarded

Contract number
2031JG25F56068
Awardee
Awarding agency
Obligated
$18,196,104

Award facts

Contract value 100% obligated
$18,196,103.85 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 federal contract award was made by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The $18,196,103.85 firm fixed price delivery order contract is for the provision of silver raw material and silver bullion. This award is part of a larger $10 billion indefinite delivery vehicle (IDV) contract for silver raw materials that was awarded to Stonex Financial LTD on June 23, 2021, and extends through December 31, 2040. The contract does not have a set-aside designation, indicating open competition. Stonex Financial LTD is the prime contractor on this award and serves as a critical supplier of precious metal raw materials, including silver, to support the United States Mint's ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F56068?

2031JG25F56068 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 18, 2025.

How much is contract 2031JG25F56068 worth?

The government has obligated $18,196,104 on 2031JG25F56068.

Is contract 2031JG25F56068 an order under another contract?

Yes. 2031JG25F56068 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG25F56068 competed?

The extent of competition for 2031JG25F56068 was full and open competition. The government received 3 offers.

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