Palladium raw material
Ended Purchase Order Awarded
- Contract number
- 2031JG25P00023
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,549,050
Award facts
- Contract value 100% obligated
- $15,549,050.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Great Britain, United Kingdom
Award details come from SAM.gov/FPDS.
About this award
This is a $15,549,050.00 firm fixed price purchase order contract awarded by the United States Mint to Stonex Financial LTD, a for-profit organization based in the United Kingdom. The contract is for the delivery of palladium raw material and does not have a set-aside designation.
Stonex Financial LTD is the prime contractor on this award and has established itself as a key international supplier of precious metals and raw materials to the United States Mint. The company holds two significant indefinite delivery vehicle (IDV) contracts with the Mint, one for silver raw materials valued up to $10 billion and another for raw gold bullion. Under these IDVs, the Mint routinely issues firm fixed price delivery orders to Stonex Financial LTD, typically valued between $10 million and $16 million each, to maintain a steady supply of precious metals for the agency's ongoing coin and medal production operations.
Quick answers
Who was awarded contract 2031JG25P00023?
2031JG25P00023 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on April 9, 2025.
How much is contract 2031JG25P00023 worth?
The government has obligated $15,549,050 on 2031JG25P00023.
Was contract 2031JG25P00023 competed?
The extent of competition for 2031JG25P00023 was full and open competition. The government received 2 offers.
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