Raw gold bullion

Ended Awarded

Contract number
2031JG24F52077
Awardee
Awarding agency
Obligated
$2,776,226

Award facts

Contract value 100% obligated
$2,776,225.74 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 Department of the Treasury's United States Mint has awarded Asahi Refining USA Inc., a foreign-owned for-profit organization, a firm fixed-price delivery order valued at $2,776,225.74 to provide raw gold bullion. The order requires delivery of the refined precious metal to Mint facilities in Salt Lake City, Utah by March 28, 2024. Asahi Refining USA Inc. has been awarded multiple similar contracts by the Mint to supply raw precious metals as inputs for the production of circulating coins, commemorative issues, and bullion coins. The firm also holds two indefinite delivery contracts with the Mint worth up to $20 billion to provide raw gold and refined silver through 2040. These streamlined acquisition vehicles enable the Mint to rapidly procure essential commodities for its ongoing coin production programs.

Quick answers

Who was awarded contract 2031JG24F52077?

2031JG24F52077 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 20, 2024.

How much is contract 2031JG24F52077 worth?

The government has obligated $2,776,226 on 2031JG24F52077.

Is contract 2031JG24F52077 an order under another contract?

Yes. 2031JG24F52077 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52077 competed?

The extent of competition for 2031JG24F52077 was full and open competition.

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