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U.S. Department Of Defense·Washington

Silver Reutilization and Account Maintenance Service

Closes 10/1/2026$50M – $100M
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Description

The Naval Undersea Warfare Center Division, Keyport is seeking a contractor to provide silver reutilization and account maintenance services. The contractor will be responsible for refining silver-bearing material recovered from batteries to achieve 99.9% purity, and maintaining electronic accounts for the government to store the refined silver credit. The contractor will also be required to provide reports on the materials received and processed, account balances, and progress. • The contractor will receive shipments of silver-bearing material from the government, with estimated annual requirements of 328,060 troy ounces of high silver content, 582,421 troy ounces of low silver content, and 439,108 troy ounces for account maintenance. • The contractor will be required to process the silver-bearing material within 60 days of receipt and provide reports on the materials received and processed, account balances, and progress. • The contractor will be required to maintain electronic accounts for the government and provide account balance reports and quarterly progress reports. • The contractor will be required to comply with all applicable federal, state, and local regulations and laws.

Attached files

Contact

Christina Schmitt(Contract Specialist)

[email protected]

Key dates

Opened
8/6/2026
Closes
10/1/2026
Duration
5 years

Last updated

Details

Industry
Manufacturing
NAICS
331492
Solicitation №
N0025327Q0001

Budget estimate

$50,000,000 – $100,000,000

The budget for this opportunity can be estimated based on the annual requirements of silver-bearing material and the cost of refining and processing the material. Assuming an average cost of $15 per troy ounce of silver, the total annual budget can be estimated as follows: 328,060 troy ounces of high silver content * $15 per troy ounce = $4,920,900, 582,421 troy ounces of low silver content * $10 per troy ounce = $5,824,210, 439,108 troy ounces for account maintenance * $15 per troy ounce = $6,586,620. The total estimated annual budget is approximately $17,331,730. The total budget for the 5-year contract period can be estimated to be around $86,658,650. However, this is a rough estimate and the actual budget may vary based on various factors such as the actual cost of refining and processing the material, the efficiency of the contractor, and the market price of silver.

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