Silver raw material

Ended Awarded

Contract number
2031JG23F55027
Awardee
Awarding agency
Obligated
$12,797,888

Award facts

Contract value 100% obligated
$12,797,887.82 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 federal contract award to The Toronto-Dominion Bank (TD Bank) 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 $12,797,887.82, was awarded on November 14, 2022 and has a completion date of November 21, 2022. The contract is a Firm Fixed Price Delivery Order, and there was no set-aside used. TD Bank, a major Canadian multinational banking and financial services corporation, has established a significant presence in federal contracting with the United States Mint, supplying various precious metals including gold, silver, platinum, and palladium to support the Mint's coin manufacturing operations. TD Bank holds two Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the United States Mint, a $10 billion IDIQ for silver raw material and a $650 million IDIQ for the leasing of platinum and palladium raw materials.

Quick answers

Who was awarded contract 2031JG23F55027?

2031JG23F55027 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on November 14, 2022.

How much is contract 2031JG23F55027 worth?

The government has obligated $12,797,888 on 2031JG23F55027.

Is contract 2031JG23F55027 an order under another contract?

Yes. 2031JG23F55027 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG23F55027 competed?

The extent of competition for 2031JG23F55027 was full and open competition.

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