Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56080
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $20,568,859
Award facts
- Contract value 100% obligated
- $20,568,858.85 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 is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit organization based in London, United Kingdom. The contract is for the delivery of silver raw material and silver bullion, with a ceiling value of $20,568,858.85 and a period of performance through May 30, 2025.
Stonex Financial LTD appears to be a critical supplier of precious metal raw materials to the United States Mint, having been awarded two significant indefinite delivery vehicle (IDV) contracts for silver raw materials (up to $10 billion ceiling) and raw gold bullion. This contract supports the Mint's ongoing coin and medal production operations by ensuring a reliable international supply of these critical raw materials.
Quick answers
Who was awarded contract 2031JG25F56080?
2031JG25F56080 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 2, 2025.
How much is contract 2031JG25F56080 worth?
The government has obligated $20,568,859 on 2031JG25F56080.
Is contract 2031JG25F56080 an order under another contract?
Yes. 2031JG25F56080 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56080 competed?
The extent of competition for 2031JG25F56080 was full and open competition. The government received 4 offers.
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