Raw gold bullion

Ended Awarded

Contract number
2031JG24F52075
Awardee
Awarding agency
Obligated
$3,678,353

Award facts

Contract value 100% obligated
$3,678,353.35 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

The U.S. Department of the Treasury's United States Mint has awarded a firm fixed price delivery order contract to Asahi Refining USA Inc., a foreign-owned for-profit corporation, to provide raw gold bullion. The contract, valued at $3,678,353.35, has a performance period ending on March 29, 2024. Asahi Refining USA Inc. was selected as the prime contractor without the use of a set-aside designation. The gold bullion provided under this contract will be utilized by the United States Mint as an input for the production of circulating coins, commemorative issues, and bullion coins. Additionally, Asahi Refining USA Inc. holds two indefinite delivery contracts with the United States Mint, collectively worth up to $20 billion, to provide raw gold and refined silver bullion through 2040.

Quick answers

Who was awarded contract 2031JG24F52075?

2031JG24F52075 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 20, 2024.

How much is contract 2031JG24F52075 worth?

The government has obligated $3,678,353 on 2031JG24F52075.

Is contract 2031JG24F52075 an order under another contract?

Yes. 2031JG24F52075 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52075 competed?

The extent of competition for 2031JG24F52075 was full and open competition.

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