Provide raw platinum.
Ended Awarded
- Contract number
- 2031JG19F00350
- Awardee
-
The Toronto-Dominion Bank UEI TXEQENSNT3N3
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $85,065
Award facts
- Contract value 100% obligated
- $85,065.00 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 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.
About this award
This is a firm fixed-price delivery order contract awarded by the United States Mint, a component of the Department of the Treasury, to The Toronto-Dominion Bank (TD Bank) to provide raw platinum. The contract has a ceiling value of $85,065.00 and an ultimate completion date of April 14, 2019. The contract does not have a set-aside designation.
TD Bank is a major Canadian multinational banking and financial services corporation that has established a significant presence in federal contracting, particularly with the United States Mint. The bank has distinguished itself as a premier provider of precious metals, including platinum, to support the Mint's coin production activities. This contract is one of several short-term delivery order contracts TD Bank has received from the Mint, ranging from approximately $5 million to $63 million, to supply raw precious metal materials.
Additionally, TD Bank holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with the United States Mint: a $10 billion single-award IDIQ for silver raw material and a $650 million IDIQ for the leasing of platinum and palladium raw materials. These IDIQ contracts provide the Mint with flexibility in procuring precious metal feedstock to meet fluctuating production demands and market conditions, supporting the agency's mission of manufacturing circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 2031JG19F00350?
2031JG19F00350 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on April 3, 2019.
How much is contract 2031JG19F00350 worth?
The government has obligated $85,065 on 2031JG19F00350.
Is contract 2031JG19F00350 an order under another contract?
Yes. 2031JG19F00350 is a delivery order under TMHQ13C0069, an indefinite delivery contract.
Was contract 2031JG19F00350 competed?
The extent of competition for 2031JG19F00350 was full and open competition.
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