Silver raw material

Ended Awarded

Contract number
2031JG22F55012
Awardee
Awarding agency
Obligated
$15,143,206

Award facts

Contract value 100% obligated
$15,143,206.21 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 issued by the United States Mint, a civilian agency within the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank), a Canadian multinational banking and financial services corporation. The contract, valued at $15,143,206.21, is for the delivery of silver raw material and silver bullion to support the Mint's coin manufacturing operations.

The contract is a delivery order issued under two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles held by TD Bank 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 provide the Mint with flexibility in procuring precious metal feedstock to meet fluctuating production demands and market conditions. The current delivery order contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG22F55012?

2031JG22F55012 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on April 19, 2022.

How much is contract 2031JG22F55012 worth?

The government has obligated $15,143,206 on 2031JG22F55012.

Is contract 2031JG22F55012 an order under another contract?

Yes. 2031JG22F55012 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG22F55012 competed?

The extent of competition for 2031JG22F55012 was full and open competition.

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