Silver raw material
Ended Awarded
- Contract number
- 2031JG25F56082
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $21,595,374
Award facts
- Contract value 100% obligated
- $21,595,374.36 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 · 3 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 was issued by the United States Mint, a civilian agency, to Stonex Financial LTD, a for-profit international organization based in the United Kingdom. The contract, valued at $21,595,374.36, 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 without any set-aside designation, indicating open competition.
Stonex Financial LTD holds two significant indefinite delivery vehicle (IDV) contracts with the United States Mint, including a $10 billion ceiling value contract for silver raw materials, which allows the Mint to routinely issue delivery orders to the vendor. This strategic procurement approach ensures a reliable international supply chain for the agency's critical precious metal requirements.
Quick answers
Who was awarded contract 2031JG25F56082?
2031JG25F56082 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on May 28, 2025.
How much is contract 2031JG25F56082 worth?
The government has obligated $21,595,374 on 2031JG25F56082.
Is contract 2031JG25F56082 an order under another contract?
Yes. 2031JG25F56082 is a delivery order under 2031JG21D00023, an indefinite delivery contract.
Was contract 2031JG25F56082 competed?
The extent of competition for 2031JG25F56082 was full and open competition. The government received 3 offers.
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