Silver raw material

Ended Awarded

Contract number
2031JG22F55009
Awardee
Awarding agency
Obligated
$13,173,063

Award facts

Contract value 100% obligated
$13,173,062.58 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 is for the delivery of silver bullion to the United States Mint, a component of the Department of the Treasury. The $13,173,062.58 firm fixed price delivery order contract was awarded to The Toronto-Dominion Bank (TD Bank), a major Canadian financial institution, on December 15, 2021. The contract has an ultimate completion date of December 29, 2021 and is not set aside for any specific business category.

The contract is part of a larger $10 billion single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract that TD Bank holds with the United States Mint for the provision of silver raw material. This IDIQ contract was awarded on June 10, 2021 and is set to extend through December 31, 2040, providing the Mint with flexibility to issue task orders for precious metal feedstock to support its coin manufacturing operations. The Mint's mission includes the production of circulating coins, commemorative issues, and bullion products.

Quick answers

Who was awarded contract 2031JG22F55009?

2031JG22F55009 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on December 15, 2021.

How much is contract 2031JG22F55009 worth?

The government has obligated $13,173,063 on 2031JG22F55009.

Is contract 2031JG22F55009 an order under another contract?

Yes. 2031JG22F55009 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG22F55009 competed?

The extent of competition for 2031JG22F55009 was full and open competition.

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