Silver raw material
Ended Awarded
- Contract number
- 2031JG25F55047
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $18,868,225
Award facts
- Contract value 100% obligated
- $18,868,224.72 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 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. The contract has a ceiling value of $18,868,224.72 and a period of performance extending to October 30, 2024. The contract is a firm fixed price arrangement and is not designated as a set-aside.
TD Bank is a major Canadian multinational banking and financial services corporation that has become a critical supplier of precious metals, including silver, to the United States Mint. The bank holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the 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 provide the Mint with flexibility in procuring precious metal feedstock to support its mission of manufacturing circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 2031JG25F55047?
2031JG25F55047 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on October 23, 2024.
How much is contract 2031JG25F55047 worth?
The government has obligated $18,868,225 on 2031JG25F55047.
Is contract 2031JG25F55047 an order under another contract?
Yes. 2031JG25F55047 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG25F55047 competed?
The extent of competition for 2031JG25F55047 was full and open competition.
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