This Government Contract opportunity from Utah was posted on June 18, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Precious Metals Liquidity and Redemption Services

Closed

State & Local

Submission Closed07/20/2026, 04:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 523930

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POSTED

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AI Contract Overview

The contract seeks to establish on-demand liquidity and redemption services for precious metals holdings, enabling market participants to convert physical holdings into fiat currency or engage in seamless buyback transactions through structured market-making operations. It outlines the provision of mechanisms to ensure reliable, timely, and transparent redemption processes for gold, silver, platinum, and other qualifying precious metals, with an emphasis on maintaining market stability and participant confidence through consistent pricing and execution. The services must support both institutional and individual holders, facilitating smooth transitions between physical assets and liquid capital without disrupting market integrity. The contract is classified as a subcontract under NAICS code 523930 and is issued by the State of Utah, with responses due by July 20, 2026. While specific performance locations and point of contact details are not provided, the opportunity is accessible through Utah’s BonfireHub portal and emphasizes operational scalability, regulatory compliance, and secure transaction handling. Bidders are expected to demonstrate proven capabilities in precious metals liquidity management, including infrastructure for storage, verification, and rapid conversion, as well as robust risk mitigation and client service protocols to ensure uninterrupted service delivery.

General Info

On-demand precious metals liquidity and redemption services for institutional and individual holders, compliant and secure, via Utah subcontract.

Agency

UtahView Agency

NAICS

523930 - Investment AdviceView NAICS

Place of Performance

UT, USA

Set-Aside

NONE

Documents

This scope was carved out of GN26-24.

The full solicitation package (2 documents), including the RFP, is on the prime solicitation, not on this scope.

View the prime solicitation

Request for Information - H.B. 195 Precious Metals

AI Contract Breakdown

Uniform Contract Format

No contract breakdown available.

Cannot generate Contract Breakdown because no documents were found from this contract's source.

Timeline

PhaseClosed

PostedJun 18

subcontract

Response DeadlineJul 20

Deadline has passed

Submission Closed

07/20/2026, 04:00:00 PM UTC

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Organization & Contact Information

AgencyUtah

ContactsNo contacts available

OfficeN/A

Organization / Agency

Utah

View Agency Profile

Office AddressN/A

ContactsNo contact information available

Full Description

Provision of on-demand liquidity and redemption mechanisms for precious metals holdings, including market-making, buyback programs, or fiat conversion.