Precious metals blank fabrication the following attachments are hereby incorporated by reference: 1) mason minting/thunder BAY proposal & other enclosures

Active Indefinite Delivery Contract Awarded Last action

Contract number
2031JG24D00021
Awardee
Awarding agency
Task orders
2 $908,665 obligated

Award facts

Combined order value
$908,665 Current and potential, with all options
Last date to order 23% complete
IDV ceiling 1% used
$150,000,000.00
Maximum order
$50,000,000.00
Award type
Single award
Who can order
Only the awarding agency
Set-aside
No set-aside
Competition
Full and Open Competition · 12 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

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 for the purchase of 1 oz Silver Eagle blanks with a period of performance through March 31, 2025. The second delivery order, valued at $900,000, is also for the purchase of 1 oz Silver Eagle blanks with a period of performance through December 31, 2026. Both delivery orders are firm fixed-price contracts, and the place of performance is Dade City, Florida. The contracts do not have any set-aside designations.

Task orders

Task order Ordering agency Obligated Awarded
Purchase 1 OZ silver eagle blanks 2031JG25F68001 United States Mint $8,665
Purchase 1 OZ silver eagle blanks 2031JG25F68000 United States Mint $900,000

Transactions

Action Obligated Date
Other Administrative Action P00001 · Precious metals blank fabrication the purpose of this modification is to add line items for rmgold, rmpalladium, rmplatinum, and rmsilver. $0
Original award $0

Quick answers

Who was awarded contract 2031JG24D00021?

2031JG24D00021 was awarded to Thunder Bay Capital, LLC by United States Mint (Department of the Treasury) on August 21, 2024.

How much is contract 2031JG24D00021 worth?

Orders under 2031JG24D00021 have obligated $908,665. 2031JG24D00021's own ceiling is $150,000,000. A single order can be worth up to $50,000,000.

How many orders have been placed under contract 2031JG24D00021?

2 orders have been placed under 2031JG24D00021, the latest on March 31, 2025.

Who can order from contract 2031JG24D00021?

2031JG24D00021 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 2031JG24D00021 competed?

The extent of competition for 2031JG24D00021 was full and open competition. The government received 12 offers.

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