Silver raw material
Ended Awarded
- Contract number
- 2031JG24F55042
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,291,798
Award facts
- Contract value 100% obligated
- $13,291,798.31 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 $13,291,798.31 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 an ultimate completion date of February 27, 2024 and was awarded on February 20, 2024 without any set-aside designation.
TD Bank, a major Canadian multinational banking and financial services corporation, has established itself as a critical supplier of precious metals to the U.S. government, particularly the United States Mint. This contract is part of TD Bank's larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the Mint, including a $10 billion IDIQ for silver raw material and a $650 million IDIQ for the leasing of platinum and palladium raw materials. These IDIQ vehicles enable the Mint to efficiently procure precious metal feedstock to support its mission of manufacturing circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 2031JG24F55042?
2031JG24F55042 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on February 20, 2024.
How much is contract 2031JG24F55042 worth?
The government has obligated $13,291,798 on 2031JG24F55042.
Is contract 2031JG24F55042 an order under another contract?
Yes. 2031JG24F55042 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG24F55042 competed?
The extent of competition for 2031JG24F55042 was full and open competition.
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