Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56071
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $18,681,521
Award facts
- Contract value 100% obligated
- $18,681,520.51 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 · 4 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 federal contract award to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, to provide silver raw material and silver bullion to the United States Mint. The contract has a ceiling value of $18,681,520.51 and an ultimate completion date of April 11, 2025. The contract is a delivery order under a larger indefinite delivery vehicle (IDV) contract with the United States Mint for silver raw materials, with a $10 billion ceiling value. The IDV was awarded on June 23, 2021, and extends through December 31, 2040, allowing the Mint to routinely issue firm fixed price delivery orders to Stonex Financial LTD. This contract does not have a set-aside designation, indicating open competition. The United States Mint, a civilian agency, is the funding agency for this contract, which supports the agency's ongoing coin and medal production operations by ensuring a reliable supply of critical raw materials from an international source.
Quick answers
Who was awarded contract 2031JG25F56071?
2031JG25F56071 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on March 31, 2025.
How much is contract 2031JG25F56071 worth?
The government has obligated $18,681,521 on 2031JG25F56071.
Is contract 2031JG25F56071 an order under another contract?
Yes. 2031JG25F56071 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56071 competed?
The extent of competition for 2031JG25F56071 was full and open competition. The government received 4 offers.
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