Raw silver
Ended Awarded
- Contract number
- 2031JG21F55004
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,793,309
Award facts
- Contract value 100% obligated
- $13,793,308.56 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, valued at $13,793,308.56, was issued by the United States Mint, a component of the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank) for the delivery of raw silver and silver bullion. The contract is a firm fixed price delivery order with an ultimate completion date of September 24, 2021.
TD Bank, a major Canadian multinational banking and financial services corporation, has established itself as a critical supplier of precious metals to the United States Mint. This award is part of TD Bank's larger contract vehicles with the Mint, including a $10 billion single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract for silver raw material and 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 mission of manufacturing circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 2031JG21F55004?
2031JG21F55004 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on September 17, 2021.
How much is contract 2031JG21F55004 worth?
The government has obligated $13,793,309 on 2031JG21F55004.
Is contract 2031JG21F55004 an order under another contract?
Yes. 2031JG21F55004 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG21F55004 competed?
The extent of competition for 2031JG21F55004 was full and open competition.
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