Mint MAC silver bullion silver raw material

Ended Awarded

Contract number
2031JG25F56075
Awardee
Awarding agency
Obligated
$16,913,251

Award facts

Contract value 100% obligated
$16,913,251.15 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 · 2 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 delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract is for the supply of silver raw material, valued at $16,913,251.15, for the production of silver bullion, coins, and medals. The contract is a firm fixed price delivery order without any set-aside designation. Stonex Financial LTD is an established supplier of precious metals to the United States Mint, having been awarded multiple indefinite delivery vehicle (IDV) contracts for silver and gold raw materials, with a combined ceiling value of over $10 billion. These IDVs enable the Mint to maintain a reliable supply of critical raw materials from an international source to support its ongoing coin and medal production operations.

Quick answers

Who was awarded contract 2031JG25F56075?

2031JG25F56075 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 15, 2025.

How much is contract 2031JG25F56075 worth?

The government has obligated $16,913,251 on 2031JG25F56075.

Is contract 2031JG25F56075 an order under another contract?

Yes. 2031JG25F56075 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG25F56075 competed?

The extent of competition for 2031JG25F56075 was full and open competition. The government received 2 offers.

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