Silver raw material

Ended Awarded

Contract number
2031JG24F55040
Awardee
Awarding agency
Obligated
$13,845,042

Award facts

Contract value 100% obligated
$13,845,042.47 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 and silver bullion. The contract has a ceiling value of $13,845,042.47 and a period of performance through February 6, 2024. This award is part of a larger $10 billion single-award Indefinite Delivery/Indefinite Quantity (IDIQ) contract for silver raw material that was previously awarded to TD Bank on June 10, 2021 and is set to extend through December 31, 2040. The contract does not have a set-aside designation, indicating TD Bank's competitive positioning in the precious metals market. The place of performance for this contract is TD Bank's facility located in Ottawa, Ontario, Canada.

Quick answers

Who was awarded contract 2031JG24F55040?

2031JG24F55040 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on January 29, 2024.

How much is contract 2031JG24F55040 worth?

The government has obligated $13,845,042 on 2031JG24F55040.

Is contract 2031JG24F55040 an order under another contract?

Yes. 2031JG24F55040 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG24F55040 competed?

The extent of competition for 2031JG24F55040 was full and open competition.

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