Provide raw platinum.
Ended Awarded
- Contract number
- 0040
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,437,345
Award facts
- Contract value 100% obligated
- $1,437,345.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 332999 All Other Miscellaneous Fabricated Metal Product Manufacturing
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 8 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Canada
Award details come from SAM.gov/FPDS.
About this award
The U.S. Mint awarded a $1,437,345.00 firm fixed price delivery order contract to The Toronto-Dominion Bank (TD Bank) to provide raw platinum. This is a civilian agency contract, and it does not have a set-aside designation.
TD Bank is a major Canadian banking and financial services corporation that has established itself as a critical supplier of precious metals to the U.S. Mint. The bank holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the Mint, one for $10 billion in silver raw material and another for $650 million in platinum and palladium leasing. These IDIQ contracts enable the Mint to efficiently procure precious metal feedstock to support its coin manufacturing operations, which include circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 0040?
0040 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on July 27, 2016.
How much is contract 0040 worth?
The government has obligated $1,437,345 on 0040.
Is contract 0040 an order under another contract?
Yes. 0040 is a delivery order under TMHQ13C0069, an indefinite delivery contract.
Was contract 0040 competed?
The extent of competition for 0040 was full and open competition. The government received 8 offers.
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