Silver raw material
Ended Awarded
- Contract number
- 2031JG22F55010
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,932,648
Award facts
- Contract value 100% obligated
- $13,932,648.18 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 is for the delivery of silver raw material and silver bullion to the United States Mint, a component of the Department of the Treasury. The contract, valued at $13,932,648.18, was awarded on February 28, 2022, to The Toronto-Dominion Bank (TD Bank), a major Canadian multinational banking and financial services corporation. The contract is a delivery order contract with a firm fixed price pricing type, and the place of performance is TD Bank's facility in Ottawa, Ontario, Canada.
The contract is not set aside and is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles that TD Bank holds with the United States Mint. The first IDIQ is a $10 billion single-award contract for silver raw material, and the second is 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 meet fluctuating production demands and market conditions, supporting the agency's mission of manufacturing circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 2031JG22F55010?
2031JG22F55010 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on February 28, 2022.
How much is contract 2031JG22F55010 worth?
The government has obligated $13,932,648 on 2031JG22F55010.
Is contract 2031JG22F55010 an order under another contract?
Yes. 2031JG22F55010 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG22F55010 competed?
The extent of competition for 2031JG22F55010 was full and open competition.
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