Raw silver
Ended Awarded
- Contract number
- 2031JG21F55003
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,469,466
Award facts
- Contract value 100% obligated
- $14,469,465.80 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- 2323 Riverside Dr., Ottawa, ON K1H 1A1, Canada
Award details come from SAM.gov/FPDS.
About this award
This federal contract award is for the delivery of raw silver and silver bullion to the United States Mint, a civilian agency within the Department of the Treasury. The prime contractor is The Toronto-Dominion Bank (TD Bank), a major Canadian multinational banking and financial services corporation.
The contract has a ceiling value of $14,469,465.80 and was awarded on September 7, 2021, with a completion date of September 10, 2021. It is a firm fixed price delivery order contract, without any set-aside designation.
The contract is associated with two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles held by TD Bank with the United States Mint. The first is a $10 billion single-award IDIQ for silver raw material, and the second is a $650 million IDIQ for the leasing of platinum and palladium raw materials. These IDIQ contracts enable the Mint to efficiently procure precious metal feedstock to support its coin manufacturing operations.
Quick answers
Who was awarded contract 2031JG21F55003?
2031JG21F55003 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on September 7, 2021.
How much is contract 2031JG21F55003 worth?
The government has obligated $14,469,466 on 2031JG21F55003.
Is contract 2031JG21F55003 an order under another contract?
Yes. 2031JG21F55003 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG21F55003 competed?
The extent of competition for 2031JG21F55003 was full and open competition.
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