Provide raw platinum.
Ended Awarded
- Contract number
- 0043
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,067,650
Award facts
- Contract value 100% obligated
- $1,067,650.00 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. government, through the United States Mint, awarded a $1,067,650.00 firm fixed price delivery order contract to The Toronto-Dominion Bank (TD Bank) to provide raw platinum. The contract has an ultimate completion date of September 1, 2016 and was awarded on August 30, 2016. This is a civilian agency contract, and no set-aside was used.
TD Bank, a major Canadian banking and financial services corporation, has established itself as a critical supplier of precious metals to the United States Mint, providing raw gold, silver, platinum, and palladium to support the Mint's coin production activities. In addition to this recent contract, TD Bank holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the United States Mint - a $10 billion IDIQ for silver raw material and a $650 million IDIQ for the leasing of platinum and palladium raw materials. These IDIQ contracts allow the Mint to efficiently procure precious metal feedstock to meet fluctuating production demands and market conditions.
Quick answers
Who was awarded contract 0043?
0043 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on August 30, 2016.
How much is contract 0043 worth?
The government has obligated $1,067,650 on 0043.
Is contract 0043 an order under another contract?
Yes. 0043 is a delivery order under TMHQ13C0069, an indefinite delivery contract.
Was contract 0043 competed?
The extent of competition for 0043 was full and open competition. The government received 8 offers.
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