Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56081
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $21,411,530
Award facts
- Contract value 100% obligated
- $21,411,530.29 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 delivery order contract awarded to Stonex Financial LTD, a for-profit international organization based in London, United Kingdom, by the United States Mint. The contract has a ceiling value of $21,411,530.29 and is for the delivery of silver raw material and silver bullion to support the Mint's coin and medal production operations. The contract is a firm fixed price delivery order with no set-aside designation, indicating open competition.
Stonex Financial LTD is a critical supplier of precious metal raw materials to the United States Mint, having been awarded two significant indefinite delivery vehicle (IDV) contracts with the agency. The primary IDV is a multiple-award contract for silver raw materials with a $10 billion ceiling value, while the second IDV appears to be for raw gold bullion. These IDVs allow the Mint to routinely issue firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to ensure a reliable international supply chain for the agency's precious metal requirements.
Quick answers
Who was awarded contract 2031JG25F56081?
2031JG25F56081 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 19, 2025.
How much is contract 2031JG25F56081 worth?
The government has obligated $21,411,530 on 2031JG25F56081.
Is contract 2031JG25F56081 an order under another contract?
Yes. 2031JG25F56081 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56081 competed?
The extent of competition for 2031JG25F56081 was full and open competition. The government received 4 offers.
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