Silver raw material

Ended Awarded

Contract number
2031JG24F55044
Awardee
Awarding agency
Obligated
$16,337,470

Award facts

Contract value 100% obligated
$16,337,469.59 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) by the United States Mint, a component of the Department of the Treasury. The contract is for the delivery of silver raw material and silver bullion, with a ceiling value of $16,337,469.59. The contract is a Firm Fixed Price Delivery Order, with an ultimate completion date of April 26, 2024.

The award is not set aside for any specific business type. It is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles held by TD Bank with the United States Mint - a $10 billion IDIQ for silver raw material, and a $650 million IDIQ for the leasing of platinum and palladium raw materials. These IDIQ contracts allow the Mint to efficiently procure precious metal feedstock to support its coin manufacturing operations, including the production of circulating coins, commemorative issues, and bullion products.

Quick answers

Who was awarded contract 2031JG24F55044?

2031JG24F55044 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on April 24, 2024.

How much is contract 2031JG24F55044 worth?

The government has obligated $16,337,470 on 2031JG24F55044.

Is contract 2031JG24F55044 an order under another contract?

Yes. 2031JG24F55044 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG24F55044 competed?

The extent of competition for 2031JG24F55044 was full and open competition.

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