Silver raw material mint MAC silver bullion
Ended Awarded Last action
- Contract number
- 2031JG26F55049
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $28,378,618
Award facts
- Contract value 100% obligated
- $28,378,617.84 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$21,205 | |
| Original award | $28,399,823 |
About this award
The United States Mint awarded a delivery order modification to The Toronto-Dominion Bank (TD Bank) on October 10, 2025, for the supply of silver raw material used in bullion coin manufacturing. This modification reduces the quantity and de-obligates funding under the existing contract vehicle, with an ultimate completion date of October 15, 2025. The contract carries a ceiling value of $28.4M and is structured as a firm fixed price delivery order with no set-aside designation. Performance will take place at TD Bank's facility in Ottawa, Ontario, Canada.
This delivery order is issued under TD Bank's $10 billion Indefinite Delivery/Indefinite Quantity (IDIQ) contract for silver raw material, which was awarded on June 10, 2021, and extends through December 31, 2040. TD Bank serves as the United States Mint's premier supplier of precious metals feedstock, providing silver, gold, platinum, and palladium essential for the agency's coin production operations, including circulating coins, commemorative issues, and bullion products. The IDIQ vehicle enables the Mint to manage fluctuating production demands and market conditions while maintaining reliable access to critical raw materials for its manufacturing mission.
Quick answers
Who was awarded contract 2031JG26F55049?
2031JG26F55049 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on October 10, 2025.
How much is contract 2031JG26F55049 worth?
The government has obligated $28,378,618 on 2031JG26F55049.
Is contract 2031JG26F55049 an order under another contract?
Yes. 2031JG26F55049 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG26F55049 competed?
The extent of competition for 2031JG26F55049 was full and open competition.
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