SCRAP METAL AGREEMENT
This is a sales agreement for scrap metal recycling at Naval Undersea Warfare Center Division, Newport, Rhode Island, with performance beginning 1 October 2026 and a one-year term extendable up to five years. The contractor will purchase recyclable metals (including mixed steel, aluminum, brass, stainless steel, copper, and others) with pricing based on a percentage of the Fastmarkets price index for the Boston location. The contractor must provide containers, pick up materials within two working days of notification, and maintain a facility within 40 miles of NUWCDIVNPT for weighing and inspection. A 20 percent deposit of estimated three months' generation is required before the first shipment, with payments by electronic funds transfer by the 10th of the following month. Award will be based on best value considering past performance and price, with the government reserving rights to adjust metal types, pickup frequencies, and locations.