Silver raw material

Ended Awarded

Contract number
2031JG23F55031
Awardee
Awarding agency
Obligated
$13,719,046

Award facts

Contract value 100% obligated
$13,719,045.73 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

The U.S. government, through the United States Mint (a component of the Department of the Treasury), has awarded a $13,719,045.73 firm fixed price delivery order contract to The Toronto-Dominion Bank (TD Bank) for the provision of silver raw material. This contract has an ultimate completion date of January 16, 2023 and is not set aside for any specific business type.

The contract is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles awarded to TD Bank. 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 United States Mint to efficiently procure precious metal feedstock to support its coin manufacturing operations, including the production of circulating coins, commemorative issues, and bullion products.

Quick answers

Who was awarded contract 2031JG23F55031?

2031JG23F55031 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on January 9, 2023.

How much is contract 2031JG23F55031 worth?

The government has obligated $13,719,046 on 2031JG23F55031.

Is contract 2031JG23F55031 an order under another contract?

Yes. 2031JG23F55031 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG23F55031 competed?

The extent of competition for 2031JG23F55031 was full and open competition.

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