Silver raw material
Ended Awarded
- Contract number
- 2031JG24F55037
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,721,724
Award facts
- Contract value 100% obligated
- $13,721,723.51 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 is a firm fixed-price delivery order contract awarded by the United States Mint, a component of the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank) for the supply of silver raw material and silver bullion. The contract has a ceiling value of $13,721,723.51 and an ultimate completion date of December 22, 2023.
The contract is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles that TD Bank holds with the United States Mint. The first is a $10 billion single-award IDIQ contract 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 Mint to efficiently issue task orders to meet fluctuating production demands and market conditions for circulating coins, commemorative issues, and bullion products.
The contract does not have a set-aside designation, indicating TD Bank's competitive positioning in the precious metals market. This delivery order contract is for the United States Mint's major program for silver bullion production.
Quick answers
Who was awarded contract 2031JG24F55037?
2031JG24F55037 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on December 18, 2023.
How much is contract 2031JG24F55037 worth?
The government has obligated $13,721,724 on 2031JG24F55037.
Is contract 2031JG24F55037 an order under another contract?
Yes. 2031JG24F55037 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG24F55037 competed?
The extent of competition for 2031JG24F55037 was full and open competition.
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