Silver raw material

Ended Awarded

Contract number
2031JG24F55039
Awardee
Awarding agency
Obligated
$13,983,215

Award facts

Contract value 100% obligated
$13,983,214.87 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 provision of silver raw material and silver bullion. The contract has a ceiling value of $13,983,214.87 and an ultimate completion date of January 29, 2024. The contract was awarded on January 22, 2024 and does not have a set-aside designation.

TD Bank, a major Canadian multinational banking and financial services corporation, has established a significant presence in federal contracting with the United States Mint. The bank has been a critical supplier of precious metals, including gold, silver, platinum, and palladium, to support the Mint's coin production activities. This contract is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles held by TD Bank 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.

Quick answers

Who was awarded contract 2031JG24F55039?

2031JG24F55039 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on January 22, 2024.

How much is contract 2031JG24F55039 worth?

The government has obligated $13,983,215 on 2031JG24F55039.

Is contract 2031JG24F55039 an order under another contract?

Yes. 2031JG24F55039 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG24F55039 competed?

The extent of competition for 2031JG24F55039 was full and open competition.

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