Raw gold bullion

Ended Awarded

Contract number
2031JG24F52068
Awardee
Awarding agency
Obligated
$1,539,408

Award facts

Contract value 100% obligated
$1,539,407.62 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 for $1,539,407.62 to supply 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 March 14, 2024. Asahi Refining USA Inc. holds two indefinite delivery contracts with the United States Mint totaling up to $20 billion—one awarded in December 2020 for raw gold bullion and another in March 2022 for refined silver. Both contracts have ordering periods through 2040 and will enable the Mint to rapidly acquire precious metals for ongoing coin production programs through delivery order issuance to Asahi Refining without further competition.

Quick answers

Who was awarded contract 2031JG24F52068?

2031JG24F52068 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 4, 2024.

How much is contract 2031JG24F52068 worth?

The government has obligated $1,539,408 on 2031JG24F52068.

Is contract 2031JG24F52068 an order under another contract?

Yes. 2031JG24F52068 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52068 competed?

The extent of competition for 2031JG24F52068 was full and open competition.

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