Raw gold bullion

Ended Awarded

Contract number
2031JG24F52078
Awardee
Awarding agency
Obligated
$2,563,774

Award facts

Contract value 100% obligated
$2,563,774.31 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 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 has a potential value of $2,563,774.31 and a completion date of March 28, 2024. Asahi Refining USA Inc. has been awarded multiple federal contracts by the United States Mint to provide refined precious metals, which are utilized as inputs for the Mint's production of circulating coins, commemorative issues, and bullion coins. The contract does not have a set-aside designation. Asahi Refining USA Inc. also holds two indefinite delivery contracts with the United States Mint together worth up to $20 billion to provide raw gold and refined silver bullion, enabling the Mint to rapidly procure precious metals through the issuance of delivery orders.

Quick answers

Who was awarded contract 2031JG24F52078?

2031JG24F52078 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 20, 2024.

How much is contract 2031JG24F52078 worth?

The government has obligated $2,563,774 on 2031JG24F52078.

Is contract 2031JG24F52078 an order under another contract?

Yes. 2031JG24F52078 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52078 competed?

The extent of competition for 2031JG24F52078 was full and open competition.

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