Raw gold bullion

Ended Awarded

Contract number
2031JG24F52050
Awardee
Awarding agency
Obligated
$2,509,463

Award facts

Contract value 100% obligated
$2,509,463.44 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 by the Department of the Treasury's United States Mint to provide $2,509,463.44 worth of raw gold bullion. 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 February 22, 2024. Asahi Refining USA Inc. holds two indefinite delivery contracts with the United States Mint worth up to $20 billion total. One awarded in December 2020 provides for raw gold bullion procurement, while the other awarded in March 2022 provides for refined silver. Both have ordering periods through 2040 and enable the Mint to issue delivery orders without further competition to ensure reliable access to precious metals needed for its coin production programs.

Quick answers

Who was awarded contract 2031JG24F52050?

2031JG24F52050 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 15, 2024.

How much is contract 2031JG24F52050 worth?

The government has obligated $2,509,463 on 2031JG24F52050.

Is contract 2031JG24F52050 an order under another contract?

Yes. 2031JG24F52050 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52050 competed?

The extent of competition for 2031JG24F52050 was full and open competition.

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