The Defense Logistics Agency (DLA) Disposition Services awarded a single-award Indefinite Delivery Contract (IDC) to Sabin Metal Corp, a for-profit organization, to provide precious metals primary forms including gold, silver, platinum, and palladium. The $9,979,335 IDC (SP451024D0004) has a performance period through February 2033 and enables the government to issue firm fixed-price orders up to $700,000 per order for processing an estimated 29,000 pounds of scrap containing a minimum of $2,500...
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 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 U.S. Defense Logistics Agency (DLA) Disposition Services awarded a single-award Indefinite Delivery Contract (IDC) to Sabin Metal Corp, a for-profit organization specializing in precious metals recovery and recycling services. The IDC (SP451024D0004), valued at up to $9,979,335, has a performance period through February 2033 and supports the DLA's mission of processing and recycling scrap precious metals from military equipment and materials. Under this contract, Sabin Metal Corp provides...
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 indefinite delivery contract SP451022D0002 was awarded by the Defense Logistics Agency Disposition Services, a defense agency, to Sabin Metal Corporation, a for-profit vendor, to provide precious metals primary forms and options in support of military materiel disposition and demilitarization programs. The single-award $10,041,120 contract has a period of performance through February 2024. Under this contract, Sabin Metal Corporation and its Sabin Metal Corp division have been issued several...
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 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 United States Mint, a civilian agency under the U.S. Department of the Treasury, has awarded an indefinite-delivery/indefinite-quantity (IDIQ) contract to A-Mark Precious Metals, Inc., a premier wholesaler and trading company specializing in precious metals. The "Newly Mined U.S. Gold Bullion Bars 2013-2030" IDIQ contract, valued at up to $10 billion, enables the Mint to issue firm fixed-price delivery orders for the supply of raw gold bullion from A-Mark's facilities in...