Mint MAC silver bullion silver raw material
Ended Awarded
- Contract number
- 2031JG25F56077
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $21,764,591
Award facts
- Contract value 100% obligated
- $21,764,591.28 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, a civilian federal agency. The contract was awarded to 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 $21,764,591.28, is a firm fixed price delivery order awarded under two larger indefinite delivery vehicle (IDV) contracts held by Stonex Financial LTD with the United States Mint. The primary IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, extending through December 2040. The second IDV appears to be for raw gold bullion supply. These IDVs allow the Mint to consistently source critical raw materials from a proven international supplier to support its ongoing coin and medal production operations.
The contract does not have a set-aside designation, and there are no major subcontractors mentioned. The ultimate completion date for this delivery order is May 30, 2025.
Quick answers
Who was awarded contract 2031JG25F56077?
2031JG25F56077 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 6, 2025.
How much is contract 2031JG25F56077 worth?
The government has obligated $21,764,591 on 2031JG25F56077.
Is contract 2031JG25F56077 an order under another contract?
Yes. 2031JG25F56077 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56077 competed?
The extent of competition for 2031JG25F56077 was full and open competition. The government received 2 offers.
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