Platinum leasing

Ended Awarded Last action

Contract number
0044
Awardee
Awarding agency
Obligated
$3,364,709

Award facts

Contract value 100% obligated
$3,364,709.39 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 P00018 -$171,494
Other Administrative Action P00017 $0
Other Administrative Action P00016 $0
Other Administrative Action P00015 $0
Other Administrative Action P00014 $500,000
Other Administrative Action P00013 $450,000
Funding Only Action P00012 $10,000
Funding Only Action P00011 $52,523
Funding Only Action P00010 $350,000
Funding Only Action P00009 $23,680
Funding Only Action P0008 $450,000
Other Administrative Action P0007 $350,000
Funding Only Action P0006 $250,000
Other Administrative Action 500 $0
Funding Only Action 5 $75,000
Funding Only Action 4 $470,000
Supplemental Agreement for work within scope 3 · Platinum & palladium leasing $105,000
Funding Only Action 2 $150,000
Funding Only Action 1 $200,000
Original award $100,000
Show all 20

About this award

This federal contract award, TMHQ13C0069|0044, was granted to The Toronto-Dominion Bank (TD Bank) by the United States Mint, a component of the Department of the Treasury. The contract, which does not have a set-aside designation, is for the delivery of precious metals including gold, silver, platinum, and palladium to support the Mint's coin manufacturing operations. The contract is a Firm Fixed Price Delivery Order with a ceiling value of $3,364,709.39 and an ultimate completion date of June 26, 2019.

TD Bank is a major Canadian banking and financial services corporation that has established a significant presence in federal contracting with the United States Mint. The bank holds two 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 meet fluctuating production demands and support the agency's mission of manufacturing circulating coins, commemorative issues, and bullion products.

Quick answers

Who was awarded contract 0044?

0044 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on October 26, 2016.

How much is contract 0044 worth?

The government has obligated $3,364,709 on 0044.

Is contract 0044 an order under another contract?

Yes. 0044 is a delivery order under TMHQ13C0069, an indefinite delivery contract.

Was contract 0044 competed?

The extent of competition for 0044 was full and open competition.

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