Silver raw material
Ended Awarded
- Contract number
- 2031JG23F55029
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,571,560
Award facts
- Contract value 100% obligated
- $13,571,559.50 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 federal contract award was issued by the United States Mint, a component of the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank), a major Canadian multinational banking and financial services corporation. The contract, valued at $13,571,559.50, is for the delivery of silver raw material to support the Mint's coin production activities. The contract is a Firm Fixed Price Delivery Order with an ultimate completion date of December 12, 2022.
TD Bank has established a significant presence in federal contracting with the United States Mint, and this award is part of the bank's role as a premier provider of precious metals, including gold, silver, platinum, and palladium, to the U.S. government. The contract does not have a set-aside designation, indicating TD Bank's competitive positioning in the precious metals market. Additionally, TD Bank holds two Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the United States Mint, valued at $10 billion for silver raw material and $650 million for the leasing of platinum and palladium raw materials, which provide the Mint with flexibility in procuring precious metal feedstock to meet fluctuating production demands and market conditions.
Quick answers
Who was awarded contract 2031JG23F55029?
2031JG23F55029 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on December 5, 2022.
How much is contract 2031JG23F55029 worth?
The government has obligated $13,571,560 on 2031JG23F55029.
Is contract 2031JG23F55029 an order under another contract?
Yes. 2031JG23F55029 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG23F55029 competed?
The extent of competition for 2031JG23F55029 was full and open competition.
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