The Department of the Treasury United States Mint awarded Asahi Refining USA Inc. an indefinite delivery contract for raw gold and refined silver bullion. The contract includes a single award vehicle valued up to $20B to provide raw gold through 2040. A multiple award vehicle valued up to an additional $20B was also awarded in 2022 for refined silver with ordering periods for both through 2040. Delivery orders issued against these contracts call for Asahi Refining USA to supply refined gold...
The Department of the Treasury United States Mint awarded a multiple-award indefinite-delivery/indefinite-quantity contract to Coins 'N Things, Inc. for the provision of raw silver. The contract has a potential value of $10 billion and a period of performance through December 31, 2040. Under the contract, the Mint issued several firm fixed price delivery orders to Coins 'N Things, Inc. for the delivery of raw silver from the awardee's Bridgewater, Massachusetts facility to the Mint. The orders...
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...
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...
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 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,...
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...
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 United States Mint, an agency of the Department of the Treasury, awarded a single-award indefinite delivery/indefinite quantity contract valued at $650 million to The Toronto-Dominion Bank. The contract provides for the leasing of platinum and palladium raw materials to the Mint's Ottawa, Canada facility. Associated delivery orders under the Platinum and Palladium Lease major program code allow the Mint to obtain necessary feedstock of refined and unrefined platinum and palladium commodities...
The United States Mint, a civilian agency under the Department of the Treasury, awarded a $150 million single-award Indefinite Delivery Contract (IDC) to Leachgarner, Inc., a subsidiary of Berkshire Hathaway, for the fabrication of precious metal blanks used in coin production. This IDC provides the Mint with the flexibility to issue delivery orders for a range of gold, silver, and other alloy blanks as needed to support its circulating and commemorative coin requirements. Under this IDC, the...