Silver raw material

Ended Awarded

Contract number
2031JG25F56078
Awardee
Awarding agency
Obligated
$9,480,138

Award facts

Contract value 100% obligated
$9,480,138.09 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, valued at $9,480,138.09, was issued 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 delivery of silver raw material and silver bullion, with an ultimate completion date of April 16, 2025.

The contract is a delivery order under a larger indefinite delivery vehicle (IDV) contract with a $10 billion ceiling value, awarded to Stonex Financial LTD on June 23, 2021. This IDV enables the United States Mint to routinely issue firm fixed price delivery orders to Stonex Financial LTD for critical raw materials, including silver, gold, and palladium, which are essential for the production of circulating coins, commemorative coins, bullion coins, and national medals. The contract has no set-aside designation, indicating open competition.

Quick answers

Who was awarded contract 2031JG25F56078?

2031JG25F56078 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 1, 2025.

How much is contract 2031JG25F56078 worth?

The government has obligated $9,480,138 on 2031JG25F56078.

Is contract 2031JG25F56078 an order under another contract?

Yes. 2031JG25F56078 is a delivery order under 2031JG21D00023, an indefinite delivery contract.

Was contract 2031JG25F56078 competed?

The extent of competition for 2031JG25F56078 was full and open competition. The government received 4 offers.

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