Silver raw material

Ended Awarded

Contract number
2031JG24F55041
Awardee
Awarding agency
Obligated
$13,420,995

Award facts

Contract value 100% obligated
$13,420,995.26 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 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 $13,420,995.26 and a period of performance through February 14, 2024. The contract is a firm fixed price delivery order, with no set-aside designation. TD Bank is the prime contractor and has been a significant supplier of precious metals to the United States Mint, including through two Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles valued at $10 billion for silver raw material and $650 million for the leasing of platinum and palladium raw materials. These IDIQ contracts enable the Mint to efficiently procure precious metal feedstock to support its coin manufacturing operations.

Quick answers

Who was awarded contract 2031JG24F55041?

2031JG24F55041 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on February 7, 2024.

How much is contract 2031JG24F55041 worth?

The government has obligated $13,420,995 on 2031JG24F55041.

Is contract 2031JG24F55041 an order under another contract?

Yes. 2031JG24F55041 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG24F55041 competed?

The extent of competition for 2031JG24F55041 was full and open competition.

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