Raw gold material (COMPLETE)
Ended Awarded
- Contract number
- 2031JG25F66021
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $49,043,752
Award facts
- Contract value 100% obligated
- $49,043,752.28 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 423940 Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 5 offers Multiple Award, Fair Opportunity
- 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 $49,043,752.28, was issued by the United States Mint to The Toronto-Dominion Bank (TD Bank) for the delivery of raw gold material. The contract is a firm fixed price delivery order with an ultimate completion date of January 17, 2025.
TD Bank is a major supplier of precious metals to the United States Mint, providing raw gold, silver, platinum, and palladium to support the Mint's coin production activities. The bank holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the United States Mint, including a $10 billion IDIQ for silver raw material and a $650 million IDIQ for the leasing of platinum and palladium. These IDIQ contracts enable the Mint to efficiently acquire precious metal feedstock to meet fluctuating production demands and market conditions.
This specific contract award does not have a set-aside designation, reflecting TD Bank's position as a premier supplier in the precious metals market. The primary funding agency is the United States Mint, a civilian agency within the Department of the Treasury.
Quick answers
Who was awarded contract 2031JG25F66021?
2031JG25F66021 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on January 13, 2025.
How much is contract 2031JG25F66021 worth?
The government has obligated $49,043,752 on 2031JG25F66021.
Is contract 2031JG25F66021 an order under another contract?
Yes. 2031JG25F66021 is a delivery order under TMHQ13C0009, an indefinite delivery contract.
Was contract 2031JG25F66021 competed?
The extent of competition for 2031JG25F66021 was full and open competition. The government received 5 offers.
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