Silver raw material

Ended Awarded

Contract number
2031JG22F55008
Awardee
Awarding agency
Obligated
$13,806,900

Award facts

Contract value 100% obligated
$13,806,899.69 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, with ID 2031JG21D00022|2031JG22F55008, was issued by the United States Mint, a civilian agency under the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank), a major Canadian banking and financial services corporation. The $13,806,899.69 firm fixed price delivery order contract is for the provision of silver raw material and silver bullion, with a performance period ending on December 15, 2021. The contract was awarded without any set-aside designations.

TD Bank is an established federal contractor, holding two Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the United States Mint - a $10 billion IDIQ for silver raw material and a $650 million IDIQ for the leasing of platinum and palladium raw materials. These IDIQ vehicles allow the Mint to efficiently procure precious metal feedstock to support its coin manufacturing operations, including the production of circulating coins, commemorative issues, and bullion products.

Quick answers

Who was awarded contract 2031JG22F55008?

2031JG22F55008 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on December 2, 2021.

How much is contract 2031JG22F55008 worth?

The government has obligated $13,806,900 on 2031JG22F55008.

Is contract 2031JG22F55008 an order under another contract?

Yes. 2031JG22F55008 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG22F55008 competed?

The extent of competition for 2031JG22F55008 was full and open competition.

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