Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56079
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $7,699,152
Award facts
- Contract value 100% obligated
- $7,699,152.33 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, with ID 2031JG21D00023|2031JG25F56079, 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 a ceiling value of $7,699,152.33 and an ultimate completion date of April 11, 2025.
The contract is a delivery order, with a firm fixed price pricing type, and is not designated as a set-aside. Stonex Financial LTD appears to be the prime contractor, with no major subcontractors mentioned.
This contract is part of a larger indefinite delivery vehicle (IDV) contract between the United States Mint and Stonex Financial LTD for the supply of silver raw materials, with a $10 billion ceiling value. The Mint also has a separate IDV contract with Stonex Financial LTD for the supply of raw gold bullion, though the specific ceiling value is not provided.
These contracts support the Mint's ongoing coin and medal production operations by ensuring a reliable international supply chain for critical precious metal raw materials.
Quick answers
Who was awarded contract 2031JG25F56079?
2031JG25F56079 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 7, 2025.
How much is contract 2031JG25F56079 worth?
The government has obligated $7,699,152 on 2031JG25F56079.
Is contract 2031JG25F56079 an order under another contract?
Yes. 2031JG25F56079 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56079 competed?
The extent of competition for 2031JG25F56079 was full and open competition. The government received 2 offers.
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