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U.S. Department Of Defense·Washington

Silver Reutilization and Account Maintenance Service

Closes 10/20/2026$10M – $20MRequest for Quotation
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Description

The Navy’s Naval Undersea Warfare Center – Keyport is seeking a contractor to operate an Indefinite‑Delivery Indefinite‑Quantity (IDIQ) contract for the collection, processing, and refinement of silver‑bearing material recovered from expended Silver/Zinc and Silver/Chloride batteries. The contractor must receive 4‑6 annual shipments (13,000‑95,000 lb each), disassemble and sort high‑ and low‑yield silver streams (government handles battery disassembly), refine the material to 99.9 % pure silver bullion, credit the refined silver to up to eight government‑designated electronic accounts, and manage all hazardous‑waste disposal. Performance is measured by strict reporting timelines, dual‑person weighing, and a 75‑90 % material return rate, with a five‑year ordering period under LPTA source selection and a Fixed‑Price with Economic Price Adjustment contract structure. • Process 1.35 million troy ounces of silver annually, delivering 99.9 % pure bullion. • Provide full facilities, permits, hazardous‑waste handling, and dual‑person weight verification for each shipment. • Submit CDRL reports (receipt within 3 days, processing completion within 60 days, purity report within 14 days, quarterly progress). • Maintain up to eight electronic accounts for silver credit and handle associated transaction fees.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Christina Schmitt(Contract Specialist)

[email protected]

Key dates

Opened
10/8/2026
Closes
10/20/2026
Duration
5 years

Last updated

Details

Type
Request for Quotation
Industry
Manufacturing
NAICS
331492
Solicitation №
N0025327Q0001

Budget estimate

$10,000,000 – $20,000,000

Based on the annual requirement of roughly 1.35 million troy ounces of silver and a market price near $75 per ounce, the total value of the refined silver credit could approach $100 million over the five‑year contract. However, the government will likely pay the contractor a processing fee rather than the full metal value, typically ranging from 5‑15 % of the metal value for recycling services. This suggests a contract value in the low‑to‑mid tens of millions of dollars over the life of the IDIQ. Therefore a reasonable earnings estimate for the contractor is between $10 million and $20 million for the full five‑year period.

AI estimate from the solicitation

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