Raw silver
Ended Awarded
- Contract number
- 2031JG22F55005
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,363,493
Award facts
- Contract value 100% obligated
- $13,363,492.80 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 was made by the United States Mint, a component of the U.S. Department of the Treasury, to The Toronto-Dominion Bank (TD Bank) for the delivery of raw silver bullion. The contract is a Firm Fixed Price Delivery Order with a ceiling value of $13,363,492.80 and a completion date of October 14, 2021. TD Bank, a major Canadian multinational banking and financial services corporation, has established a significant presence as a supplier of precious metals to the U.S. Mint. This contract is part of TD Bank's broader relationship with the Mint, which includes two Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles - a $10 billion IDIQ for silver raw material and a $650 million IDIQ for the leasing of platinum and palladium raw materials. The contract did not utilize any set-aside designations, indicating TD Bank's competitive positioning in the precious metals market.
Quick answers
Who was awarded contract 2031JG22F55005?
2031JG22F55005 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on October 13, 2021.
How much is contract 2031JG22F55005 worth?
The government has obligated $13,363,493 on 2031JG22F55005.
Is contract 2031JG22F55005 an order under another contract?
Yes. 2031JG22F55005 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG22F55005 competed?
The extent of competition for 2031JG22F55005 was full and open competition.
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