Provide raw platinum.

Ended Awarded Last action

Contract number
0047
Awardee
Awarding agency
Obligated
$486,325

Award facts

Contract value 100% obligated
$486,325.00 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 United States Mint awarded a firm fixed price delivery order contract to The Toronto-Dominion Bank (TD Bank) for the provision of raw platinum. The contract, valued at $486,325.00, has a period of performance through January 30, 2017. This contract is not associated with any set-aside designations.

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. The company 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 raw material 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 0047?

0047 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on January 26, 2017.

How much is contract 0047 worth?

The government has obligated $486,325 on 0047.

Is contract 0047 an order under another contract?

Yes. 0047 is a delivery order under TMHQ13C0069, an indefinite delivery contract.

Was contract 0047 competed?

The extent of competition for 0047 was full and open competition. The government received 8 offers.

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