Silver raw material
Ended Awarded
- Contract number
- 2031JG22F55014
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,939,205
Award facts
- Contract value 100% obligated
- $14,939,204.65 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 is a firm fixed-price delivery order contract awarded by the United States Mint, a component of the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank). The contract, valued at $14,939,204.65, is for the delivery of silver raw material and silver bullion to support the Mint's coin manufacturing operations. The contract does not have a set-aside designation.
TD Bank is a major Canadian multinational banking and financial services corporation that has become a critical supplier of precious metals to the U.S. government. This contract is part of a larger $10 billion single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract for silver raw material, which was awarded to TD Bank on June 10, 2021 and is set to extend through December 31, 2040. The Mint utilizes these IDIQ contracts 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 2031JG22F55014?
2031JG22F55014 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on April 12, 2022.
How much is contract 2031JG22F55014 worth?
The government has obligated $14,939,205 on 2031JG22F55014.
Is contract 2031JG22F55014 an order under another contract?
Yes. 2031JG22F55014 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG22F55014 competed?
The extent of competition for 2031JG22F55014 was full and open competition.
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