Silver raw material
Ended Awarded
- Contract number
- 2031JG24F55043
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,893,277
Award facts
- Contract value 100% obligated
- $13,893,276.83 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 federal contract award to The Toronto-Dominion Bank (TD Bank) from the United States Mint, a component of the Department of the Treasury, for the delivery of silver raw material. The contract award has an identification number of 2031JG21D00022|2031JG24F55043 and a ceiling value of $13,893,276.83.
The contract is a delivery order under a larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicle, which provides the United States Mint with the flexibility to procure precious metal feedstock, including silver, to support its coin manufacturing operations. The IDIQ contract for silver raw material has a total potential value of $10 billion and is set to extend through December 31, 2040.
This specific delivery order has a firm fixed price and an ultimate completion date of March 1, 2024. The place of performance is TD Bank's facility located in Ottawa, Ontario, Canada. The contract was awarded without a set-aside designation, indicating TD Bank's competitive positioning in the precious metals market.
Quick answers
Who was awarded contract 2031JG24F55043?
2031JG24F55043 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on February 22, 2024.
How much is contract 2031JG24F55043 worth?
The government has obligated $13,893,277 on 2031JG24F55043.
Is contract 2031JG24F55043 an order under another contract?
Yes. 2031JG24F55043 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG24F55043 competed?
The extent of competition for 2031JG24F55043 was full and open competition.
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