Raw gold bullion

Ended Awarded

Contract number
2031JG24F52079
Awardee
Awarding agency
Obligated
$2,753,138

Award facts

Contract value 100% obligated
$2,753,137.93 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 organization, to provide raw gold bullion. The $2,753,137.93 contract has a completion date of March 28, 2024 and does not include any set-aside designations. Asahi Refining USA Inc. has been awarded multiple delivery order contracts from the Mint for the supply of precious metals, with individual contract values ranging from $3 million to over $75 million. The Mint utilizes these raw materials as inputs for the production of circulating coins, commemorative issues, and bullion coins. Asahi Refining USA Inc. also holds two indefinite delivery contracts with the United States Mint worth up to $20 billion total to provide raw gold and refined silver bullion through 2040, ensuring reliable access to these essential commodities.

Quick answers

Who was awarded contract 2031JG24F52079?

2031JG24F52079 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 20, 2024.

How much is contract 2031JG24F52079 worth?

The government has obligated $2,753,138 on 2031JG24F52079.

Is contract 2031JG24F52079 an order under another contract?

Yes. 2031JG24F52079 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52079 competed?

The extent of competition for 2031JG24F52079 was full and open competition.

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