Silver raw material
Ended Awarded
- Contract number
- 2031JG24F55038
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,436,158
Award facts
- Contract value 100% obligated
- $14,436,158.08 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 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. The contract has a ceiling value of $14,436,158.08 and an ultimate completion date of December 27, 2023. The contract is not set aside for any specific business category.
TD Bank is the prime contractor and is providing silver bullion to the United States Mint under this contract. The contract is part of a larger $10 billion single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract for silver raw material that was awarded to TD Bank on June 10, 2021, with a period of performance extending through December 31, 2040. This IDIQ contract, along with a separate $650 million IDIQ for the leasing of platinum and palladium raw materials, provides the United States Mint with flexibility in procuring precious metal feedstock to support its mission of manufacturing circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 2031JG24F55038?
2031JG24F55038 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on December 20, 2023.
How much is contract 2031JG24F55038 worth?
The government has obligated $14,436,158 on 2031JG24F55038.
Is contract 2031JG24F55038 an order under another contract?
Yes. 2031JG24F55038 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG24F55038 competed?
The extent of competition for 2031JG24F55038 was full and open competition.
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