Basic ordering agreement to provide silver raw material

Active Indefinite Delivery Contract Awarded

Contract number
2031JG21D00022
Awardee
Awarding agency
Task orders
50 $709,324,846 obligated

Award facts

Combined order value
$709,324,846 Current and potential, with all options
Last date to order 28% complete
IDV ceiling 7% used
$10,000,000,000.00
Maximum order
$100,000,000.00
Award type
Single award
Who can order
Only the awarding agency
Set-aside
No set-aside
Competition
Full and Open Competition · 4 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price

Award details come from SAM.gov/FPDS.

About this IDV

The Department of the Treasury United States Mint awarded a single award indefinite delivery/indefinite quantity contract to The Toronto-Dominion Bank to provide silver raw material. Task orders issued against the contract call for the bank to supply silver to the Mint's facility located at 2323 Riverside Drive in Ottawa, Ontario, Canada for periods of performance typically ranging from one to two weeks. Task order values range from approximately $11 million to $15.5 million. No set-asides or subcontracting opportunities are specified in the task orders provided.

The underlying IDV and subsequent task orders are intended to procure a supply of silver raw material for the Mint's production of circulating coins, bullion coins, and other numismatic products requiring the use of precious metals. As the agency responsible for manufacturing and issuing currency on behalf of the United States, the Mint relies on regular access to commodity inputs such as silver to fulfill its mission of minting coins to meet public demand. The place of performance in Ottawa reflects the Mint's presence in Canada for a portion of its domestic coinage operations.

Task orders

Task order Ordering agency Obligated Awarded
Silver raw material mint MAC silver bullion 2031JG26F55049 United States Mint $28,378,618
Silver raw material mint MAC silver bullion 2031JG26F55050 United States Mint $12,270,055
Silver raw material 2031JG25F55047 United States Mint $18,868,225
Silver raw material 2031JG25F55048 United States Mint $20,275,315
Silver raw material 2031JG25F55046 United States Mint $18,974,190
Silver raw material 2031JG25F55045 United States Mint $5,483,946
Silver raw material 2031JG24F55044 United States Mint $16,337,470
Silver raw material 2031JG24F55043 United States Mint $13,893,277
Silver raw material 2031JG24F55042 United States Mint $13,291,798
Silver raw material 2031JG24F55041 United States Mint $13,420,995
Silver raw material 2031JG24F55040 United States Mint $13,845,042
Silver raw material 2031JG24F55039 United States Mint $13,983,215
Silver raw material 2031JG24F55038 United States Mint $14,436,158
Silver raw material 2031JG24F55037 United States Mint $13,721,724
Silver raw material 2031JG24F55036 United States Mint $14,519,467
Silver raw material 2031JG24F55035 United States Mint $13,969,939
Silver raw material 2031JG23F55034 United States Mint $13,470,242
Silver raw material 2031JG23F55033 United States Mint $14,397,009
Silver raw material 2031JG23F55032 United States Mint $14,102,584
Silver raw material 2031JG23F55031 United States Mint $13,719,046
Silver raw material 2031JG23F55030 United States Mint $13,895,716
Silver raw material 2031JG23F55029 United States Mint $13,571,560
Silver raw material 2031JG23F55028 United States Mint $13,196,644
Silver raw material 2031JG23F55027 United States Mint $12,797,888
Silver raw material 2031JG22F55025 United States Mint $11,481,184
Silver raw material 2031JG22F55026 United States Mint $11,546,851
Silver raw material 2031JG22F55024 United States Mint $11,926,889
Silver raw material 2031JG22F55023 United States Mint $11,222,844
Silver raw material 2031JG22F55022 United States Mint $11,128,199
Silver raw material 2031JG22F55021 United States Mint $11,501,871
Silver raw material 2031JG22F55020 United States Mint $13,033,203
Silver raw material 2031JG22F55019 United States Mint $13,321,778
Silver raw material 2031JG22F55018 United States Mint $13,587,860
Silver raw material 2031JG22F55017 United States Mint $14,224,498
Silver raw material 2031JG22F55016 United States Mint $14,762,688
Silver raw material 2031JG22F55013 United States Mint $15,437,339
Silver raw material 2031JG22F55015 United States Mint $15,688,594
Silver raw material 2031JG22F55012 United States Mint $15,143,206
Silver raw material 2031JG22F55014 United States Mint $14,939,205
Silver raw material 2031JG22F55011 United States Mint $14,321,550
Silver raw material 2031JG22F55010 United States Mint $13,932,648
Silver raw material 2031JG22F55009 United States Mint $13,173,063
Silver raw material 2031JG22F55008 United States Mint $13,806,900
Silver raw material 2031JG22F55006 United States Mint $14,230,003
Silver raw material 2031JG22F55007 United States Mint $15,124,018
Raw silver 2031JG22F55005 United States Mint $13,363,493
Raw silver 2031JG21F55004 United States Mint $13,793,309
Raw silver 2031JG21F55003 United States Mint $14,469,466
Raw silver 2031JG21F55002 United States Mint $13,915,735
Raw silver 2031JG21F55001 United States Mint $15,428,329
Show all 50

Quick answers

Who was awarded contract 2031JG21D00022?

2031JG21D00022 was awarded to The Toronto-Dominion Bank by United States Mint (Department of the Treasury) on June 10, 2021.

How much is contract 2031JG21D00022 worth?

Orders under 2031JG21D00022 have obligated $709,324,846. 2031JG21D00022's own ceiling is $10,000,000,000. A single order can be worth up to $100,000,000.

How many orders have been placed under contract 2031JG21D00022?

50 orders have been placed under 2031JG21D00022, the latest on October 10, 2025.

Who can order from contract 2031JG21D00022?

2031JG21D00022 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 2031JG21D00022 competed?

The extent of competition for 2031JG21D00022 was full and open competition. The government received 4 offers.

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