Silver raw material

Ended Awarded

Contract number
2031JG22F55023
Awardee
Awarding agency
Obligated
$11,222,844

Award facts

Contract value 100% obligated
$11,222,843.81 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 delivery order awarded to The Toronto-Dominion Bank (TD Bank) by the United States Mint, a component of the Department of the Treasury, for the supply of silver raw material and silver bullion. The contract has a ceiling value of $11,222,843.81 and an ultimate completion date of August 9, 2022. The contract is a firm fixed price delivery order and is not set aside for any specific business category.

TD Bank is the prime contractor for this award and is a major supplier of precious metals, including gold, silver, platinum, and palladium, to the United States Mint. The bank has two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the Mint, one for $10 billion in silver raw material and another for $650 million in platinum and palladium raw material leasing. These IDIQ contracts enable the Mint to efficiently procure precious metal feedstock to support its mission of manufacturing circulating coins, commemorative issues, and bullion products.

Quick answers

Who was awarded contract 2031JG22F55023?

2031JG22F55023 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on August 3, 2022.

How much is contract 2031JG22F55023 worth?

The government has obligated $11,222,844 on 2031JG22F55023.

Is contract 2031JG22F55023 an order under another contract?

Yes. 2031JG22F55023 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG22F55023 competed?

The extent of competition for 2031JG22F55023 was full and open competition.

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