Mint MAC silver bullion silver raw material

Ended Awarded

Contract number
2031JG25F56076
Awardee
Awarding agency
Obligated
$17,991,367

Award facts

Contract value 100% obligated
$17,991,366.69 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 federal contract award is for the delivery of silver raw material to the United States Mint. The prime contractor is Stonex Financial LTD, a for-profit international organization based in London, United Kingdom that specializes in global commodity trading and risk management with a focus on precious metals.

The contract, valued at $17,991,366.69, is a firm fixed price delivery order awarded under two indefinite delivery vehicle (IDV) contracts that Stonex Financial LTD holds with the United States Mint. The primary IDV is a $10 billion multiple-award contract for silver raw materials, while the second IDV appears to be for raw gold bullion supply.

The contract does not have a set-aside designation and is intended to support the United States Mint's ongoing coin and medal production operations by providing a reliable supply of critical precious metal raw materials from an international source. The contract requires Stonex Financial LTD to deliver the silver raw material from its facilities in Great Britain to the United States Mint's production centers, with a performance period extending through April 29, 2025.

Quick answers

Who was awarded contract 2031JG25F56076?

2031JG25F56076 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 22, 2025.

How much is contract 2031JG25F56076 worth?

The government has obligated $17,991,367 on 2031JG25F56076.

Is contract 2031JG25F56076 an order under another contract?

Yes. 2031JG25F56076 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG25F56076 competed?

The extent of competition for 2031JG25F56076 was full and open competition. The government received 2 offers.

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