Silver raw material mint MAC silver bullion
Ended Awarded
- Contract number
- 2031JG26F55050
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,270,055
Award facts
- Contract value 100% obligated
- $12,270,055.40 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
The U.S. Mint awarded a firm fixed price delivery order to The Toronto-Dominion Bank (TD Bank) on October 10, 2025, for the supply of silver raw material in support of the Mint's coin manufacturing operations. The contract carries a ceiling value of $12.3M with an ultimate completion date of October 23, 2025. This delivery order was issued without a set-aside designation, reflecting TD Bank's competitive positioning as a premier supplier of precious metals to the federal government. Performance will occur at TD Bank's facility in Ottawa, Ontario, Canada.
This delivery order is issued under TD Bank's primary Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicle—a $10B single-award contract for silver raw material that was awarded on June 10, 2021, and extends through December 31, 2040. This IDIQ framework allows the U.S. Mint to efficiently issue task orders for silver feedstock as needed to support fluctuating production demands for circulating coins, commemorative issues, and bullion products. TD Bank also holds a secondary $650M IDIQ for leasing platinum and palladium raw materials, establishing the bank as a critical supplier of precious metal feedstock to the civilian agency within the Department of the Treasury.
Quick answers
Who was awarded contract 2031JG26F55050?
2031JG26F55050 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on October 10, 2025.
How much is contract 2031JG26F55050 worth?
The government has obligated $12,270,055 on 2031JG26F55050.
Is contract 2031JG26F55050 an order under another contract?
Yes. 2031JG26F55050 is a delivery order under 2031JG21D00022, an indefinite delivery contract.
Was contract 2031JG26F55050 competed?
The extent of competition for 2031JG26F55050 was full and open competition.
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