Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56072
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $22,599,190
Award facts
- Contract value 100% obligated
- $22,599,189.66 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 federal contract award is for the delivery of silver raw material and silver bullion to the United States Mint, a civilian agency of the U.S. government. The prime contractor, Stonex Financial LTD, a for-profit organization based in London, United Kingdom, has been awarded a delivery order contract valued at $22,599,189.66. This contract is part of a larger indefinite delivery vehicle (IDV) contract with a $10 billion ceiling for the supply of silver raw materials to the U.S. Mint, awarded on June 23, 2021 and extending through December 31, 2040. The contract is a firm fixed price delivery order with no set-aside designation, indicating open competition. Stonex Financial LTD has established itself as a critical supplier of precious metal raw materials, including silver, to the U.S. Mint, supporting the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25F56072?
2031JG25F56072 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 7, 2025.
How much is contract 2031JG25F56072 worth?
The government has obligated $22,599,190 on 2031JG25F56072.
Is contract 2031JG25F56072 an order under another contract?
Yes. 2031JG25F56072 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56072 competed?
The extent of competition for 2031JG25F56072 was full and open competition. The government received 4 offers.
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