Raw gold

Ended Awarded

Contract number
2031JG21F52016
Awardee
Awarding agency
Obligated
$28,403,209

Award facts

Contract value 100% obligated
$28,403,209.06 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
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
Salt Lake City, UT 84120, USA

Award details come from SAM.gov/FPDS.

About this award

Asahi Refining USA Inc. has been awarded a firm fixed-price delivery order for $28,403,209.06 from the United States Department of the Treasury's United States Mint to provide raw gold. The contract has no set-aside designation and requires delivery of the refined precious metal to the Mint facility in Salt Lake City, Utah by April 15, 2021. Asahi Refining USA holds two indefinite-delivery contracts with the United States Mint worth up to $20 billion total. One awarded in December 2020 is a single-award vehicle for raw gold bullion, while the other awarded in March 2022 is a multiple-award vehicle for refined silver. Both have ordering periods through 2040 and will enable the Mint to order precious metals on an as-needed basis to support its production of circulating coins, commemorative issues, and bullion coins.

Quick answers

Who was awarded contract 2031JG21F52016?

2031JG21F52016 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 12, 2021.

How much is contract 2031JG21F52016 worth?

The government has obligated $28,403,209 on 2031JG21F52016.

Is contract 2031JG21F52016 an order under another contract?

Yes. 2031JG21F52016 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG21F52016 competed?

The extent of competition for 2031JG21F52016 was full and open competition.

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