Basic ordering agreement to provide silver raw material
Active Indefinite Delivery Contract Awarded
- Contract number
- 2031JG21D00023
- Awardee
-
Stonex Financial LTD UEI ZRGFMMN3RXV8
- Awarding agency
-
United States Mint
Department of the Treasury
- Task orders
- 93 $1,739,448,434 obligated
Award facts
- Combined order value
- $1,739,448,434 Current and potential, with all options
- Last date to order 27% complete
- IDV ceiling 17% used
- $10,000,000,000.00
- Maximum order
- $100,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- 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 Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The United States Mint, an agency of the Department of the Treasury, awarded an indefinite delivery contract to Stonex Financial LTD to provide silver raw material. The IDV has a potential value of $10 billion and a period of performance from June 2021 through December 2040.
Under the IDV, the Mint has issued numerous firm fixed price delivery orders to Stonex Financial LTD, doing business as International Contract Value. The orders require the contractor to supply silver raw material and bullion from locations in Great Britain to the Mint. Places of performance and periods of performance vary by order but occur throughout 2022 and 2023. Order values range from approximately $10 million to $16 million. As the Mint utilizes silver in coin production, these orders are likely intended to support the procurement of precious metal feedstock for domestic circulating coinage and investor products.
Task orders
Show 40 more
Latest 50 of 93 listed here. See the rest on GovTribe.
Quick answers
Who was awarded contract 2031JG21D00023?
2031JG21D00023 was awarded to Stonex Financial LTD by United States Mint (Department of the Treasury) on June 23, 2021.
How much is contract 2031JG21D00023 worth?
Orders under 2031JG21D00023 have obligated $1,739,448,434. 2031JG21D00023's own ceiling is $10,000,000,000. A single order can be worth up to $100,000,000.
How many orders have been placed under contract 2031JG21D00023?
93 orders have been placed under 2031JG21D00023, the latest on October 13, 2026.
Who can order from contract 2031JG21D00023?
2031JG21D00023 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031JG21D00023 competed?
The extent of competition for 2031JG21D00023 was full and open competition. The government received 4 offers.
On GovTribe
See this IDV's full record
- Every order and transaction
- The awardee's other awards and teaming partners
- Similar IDVs and recompete opportunities
- Ask GovTribe AI about this IDV