Silver raw material

Ended Awarded

Contract number
2031JG22F55019
Awardee
Awarding agency
Obligated
$13,321,778

Award facts

Contract value 100% obligated
$13,321,777.62 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 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) for the supply of silver raw material and silver bullion. The contract has a ceiling value of $13,321,777.62 and a period of performance ending on May 31, 2022. This award is not a set-aside contract.

The contract is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles held by TD Bank with the United States Mint. The first is a $10 billion single-award IDIQ for silver raw material, and the second is a $650 million IDIQ for the leasing of platinum and palladium raw materials. These IDIQ contracts allow 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 2031JG22F55019?

2031JG22F55019 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on May 23, 2022.

How much is contract 2031JG22F55019 worth?

The government has obligated $13,321,778 on 2031JG22F55019.

Is contract 2031JG22F55019 an order under another contract?

Yes. 2031JG22F55019 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG22F55019 competed?

The extent of competition for 2031JG22F55019 was full and open competition.

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