Silver raw material
Ended Awarded
- Contract number
- 2031JG22F55006
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,230,003
Award facts
- Contract value 100% obligated
- $14,230,002.71 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 was made by the United States Mint, a component of the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank) for the delivery of silver raw material. The contract has a ceiling value of $14,230,002.71 and was awarded on November 22, 2021, with an ultimate completion date of December 3, 2021. This is a firm fixed price delivery order contract, and it is not associated with any set-aside designation.
TD Bank, a major Canadian multinational banking and financial services corporation, has become a critical supplier of precious metals to the U.S. government, particularly the United States Mint. The bank holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the Mint: a $10 billion single-award IDIQ 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 2031JG22F55006?
2031JG22F55006 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on November 22, 2021.
How much is contract 2031JG22F55006 worth?
The government has obligated $14,230,003 on 2031JG22F55006.
Is contract 2031JG22F55006 an order under another contract?
Yes. 2031JG22F55006 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG22F55006 competed?
The extent of competition for 2031JG22F55006 was full and open competition.
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