This federal contract award is for the delivery of silver raw materials to the United States Mint, a bureau of the Department of the Treasury. The contract, valued at $9,696,988.30, was awarded to the prime contractor Stonex Financial LTD, a for-profit international organization based in Great Britain that specializes in providing precious metals and raw materials to the U.S. government.
The contract is a firm fixed price delivery order issued under two larger indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The first IDV, contract number 2031JG21D00023, is for silver raw materials with a $10 billion ceiling value and a performance period from June 2021 through December 2040. The second IDV, contract number 2031JG20D00010, appears to be for raw gold bullion supply. These IDVs enable the Mint to maintain a steady and reliable supply of precious metals from an international source to support the agency's ongoing coin and medal production operations. The current $9.7 million delivery order contract does not carry any set-aside designation.
Generated 3/21/25, 9:42 AM