Silver raw material

Ended Awarded

Contract number
2031JG25F55048
Awardee
Awarding agency
Obligated
$20,275,315

Award facts

Contract value 100% obligated
$20,275,315.13 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 federal contract award, valued at $20,275,315.13, was issued by the United States Mint to The Toronto-Dominion Bank (TD Bank) for the delivery of silver raw material and silver bullion. The contract is a Firm Fixed Price Delivery Order, with an ultimate completion date of October 30, 2024. This award is not associated with a set-aside program.

TD Bank, a major Canadian multinational banking and financial services corporation, has established itself as a critical supplier of precious metals to the United States Mint. Through this and other Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles, TD Bank has consistently provided the Mint with various raw precious metal materials, including gold, silver, platinum, and palladium, to support the agency's coin manufacturing operations. The Mint utilizes these contracts to efficiently procure precious metal feedstock and meet fluctuating production demands.

Quick answers

Who was awarded contract 2031JG25F55048?

2031JG25F55048 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on October 21, 2024.

How much is contract 2031JG25F55048 worth?

The government has obligated $20,275,315 on 2031JG25F55048.

Is contract 2031JG25F55048 an order under another contract?

Yes. 2031JG25F55048 is a delivery order under 2031JG21D00022, an indefinite delivery contract.

Was contract 2031JG25F55048 competed?

The extent of competition for 2031JG25F55048 was full and open competition.

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