Silver raw material
Ended Awarded
- Contract number
- 2031JG24F55035
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,969,939
Award facts
- Contract value 100% obligated
- $13,969,939.22 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 federal contract award, with an ID of 2031JG21D00022|2031JG24F55035, 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 is for the delivery of silver raw material and silver bullion, with a ceiling value of $13,969,939.22. It is a delivery order contract with a firm fixed price pricing type, and the ultimate completion date is October 27, 2023. The contract does not have a set-aside designation. TD Bank has established a significant presence in federal contracting with the United States Mint, supplying various precious metal raw materials to support the Mint's coin manufacturing operations. The bank holds two 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 leasing, which enable the agency to efficiently procure precious metal feedstock to meet fluctuating production demands and market conditions.
Quick answers
Who was awarded contract 2031JG24F55035?
2031JG24F55035 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on October 20, 2023.
How much is contract 2031JG24F55035 worth?
The government has obligated $13,969,939 on 2031JG24F55035.
Is contract 2031JG24F55035 an order under another contract?
Yes. 2031JG24F55035 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG24F55035 competed?
The extent of competition for 2031JG24F55035 was full and open competition.
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