Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56074
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $22,376,268
Award facts
- Contract value 100% obligated
- $22,376,268.02 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 from the United States Mint to Stonex Financial LTD, a for-profit organization based in London, United Kingdom, is for the delivery of silver raw material and silver bullion. The contract is a delivery order with a firm fixed price type and a ceiling value of $22,376,268.02. The contract supports the Mint's ongoing coin and medal production operations by ensuring a reliable supply of critical raw precious metal materials from an international source. Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a multiple-award contract for silver raw materials with a $10 billion ceiling value. This contract has no set-aside designation, indicating open competition. The delivery orders are typically issued from Stonex Financial LTD's facilities in Great Britain, with the materials being transported to the United States Mint's production centers.
Quick answers
Who was awarded contract 2031JG25F56074?
2031JG25F56074 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 7, 2025.
How much is contract 2031JG25F56074 worth?
The government has obligated $22,376,268 on 2031JG25F56074.
Is contract 2031JG25F56074 an order under another contract?
Yes. 2031JG25F56074 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56074 competed?
The extent of competition for 2031JG25F56074 was full and open competition. The government received 4 offers.
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