The Indefinite Delivery Contract awarded by the Department of the Treasury United States Mint is a multiple award agreement with Asahi Refining USA Inc. to provide silver raw material. With a potential value of $10 billion and a period of performance through December 2040, the contract enables the Mint to issue delivery orders for refined silver without further competition. As the sole manufacturer of official United States coinage, the Mint requires a reliable supply of silver to produce...
The Department of the Treasury United States Mint awarded an indefinite delivery contract to Bank of Montreal for the provision of raw gold bullion. The contract has a potential value of $10 billion and a period of performance through March 2040. Ten firm fixed price delivery orders were issued against this contract vehicle from October 2023 through July 2023 to procure raw gold bullion for the Mint's coin manufacturing operations. Delivery locations included Chicago, Illinois; Ottawa,...
This single-award Indefinite Delivery Contract was awarded by the Department of the Treasury United States Mint on April 27, 2020 to Manfra, Tordella & Brookes, LLC. The potential value of the contract is $10 billion. The contract provides for the purchase of gold bullion bars with no set-aside used. It serves as a basic ordering agreement under which the Mint can place orders for gold bullion bars from Manfra, Tordella & Brookes through March 30, 2040 to meet its needs for minting and...
The Department of the Treasury United States Mint has awarded Coins 'N Things, Inc., a for-profit Subchapter S Corporation based in Bridgewater, Massachusetts, a series of firm fixed-price delivery order contracts to provide raw gold bullion. These contracts, valued at up to $10 billion in total, are part of a larger indefinite-delivery/indefinite-quantity (IDIQ) contract that Coins 'N Things holds with the Mint. The IDIQ serves as a basic ordering agreement, enabling the Mint to issue...
The U.S. Mint, a bureau of the Department of the Treasury, awarded a single-award Indefinite Delivery Contract (IDC) valued at $150,000,000 to Gold Corporation, a for-profit organization based in Australia. The IDC, which has a period of performance from April 17, 2024, to November 30, 2033, is for the fabrication and supply of precious metal blanks, specifically gold, silver, and platinum, to be used in the Mint's coin and medal production. As part of this IDC, the Mint also awarded a...
The United States Mint, a civilian federal agency, has awarded a $150 million single-award Indefinite Delivery Contract (IDC) to Sunshine Minting Inc., a for-profit, woman-owned manufacturer of precious metal products located in Dalton Gardens, Idaho. This IDC, awarded in January 2024 and running through November 2033, covers the fabrication of silver, gold, and other precious metal blanks to support the Mint's ongoing coin production operations. Under this IDC, the Mint has issued multiple firm...
This federal contract IDV award, solicited by the United States Mint, a civilian agency under the Department of the Treasury, is for the procurement of raw gold bullion from Stonex Financial LTD, a for-profit international organization based in London, United Kingdom. The contract has an initial ceiling value of $10,000,000,000.00 and an ultimate completion date of March 30, 2040. Under this IDV contract, the United States Mint has issued multiple firm fixed-price delivery orders to Stonex...
The federal government awarded an Indefinite Delivery Contract (IDC) to Thunder Bay Capital, LLC (doing business as Mason Minting) for the fabrication of precious metal blanks, specifically 1 oz Silver Eagle blanks. The contract, awarded by the United States Mint, a civilian agency, has a total ceiling value of $150,000,000 and an ultimate completion date of November 30, 2033. Under this IDC, two delivery order contracts have been issued to date. The first delivery order, valued at $8,665, is...
This federal Indefinite Delivery Contract (IDC) was awarded by the United States Mint, a civilian federal agency, to Manfra, Tordella & Brookes, LLC (MTB), a global leader in the precious metals industry. The $150 million single-award contract has a performance period from March 27, 2024 through November 30, 2033, and covers the fabrication and delivery of gold, platinum, and palladium blanks to support the Mint's coin production programs. The contract does not have a set-aside...
The Department of the Treasury United States Mint awarded a single award indefinite delivery/indefinite quantity contract to The Toronto-Dominion Bank to provide silver raw material. Task orders issued against the contract call for the bank to supply silver to the Mint's facility located at 2323 Riverside Drive in Ottawa, Ontario, Canada for periods of performance typically ranging from one to two weeks. Task order values range from approximately $11 million to $15.5 million. No set-asides or...