Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52090
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,924,603
Award facts
- Contract value 100% obligated
- $1,924,603.17 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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
This federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency of the Department of the Treasury. The award was made to the prime contractor Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and products. The single-award, indefinite delivery contract was originally established in December 2020 with a ceiling value of up to $20 billion, and allows the Mint to rapidly procure raw gold bullion through 2040.
The most recent delivery order, valued at $1,924,603.17, was awarded on June 24, 2024 as a firm fixed-price contract. Asahi Refining USA Inc. will fulfill this order by delivering the raw gold bullion to the Mint's facility in Salt Lake City, Utah. This contract has no set-aside designation, and no major subcontractors are listed. The Mint's ongoing coin production programs, which require reliable access to essential precious metal commodities, are supported by Asahi Refining USA Inc.'s status as an approved supplier under these indefinite delivery contracts.
Quick answers
Who was awarded contract 2031JG24F52090?
2031JG24F52090 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on June 24, 2024.
How much is contract 2031JG24F52090 worth?
The government has obligated $1,924,603 on 2031JG24F52090.
Is contract 2031JG24F52090 an order under another contract?
Yes. 2031JG24F52090 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52090 competed?
The extent of competition for 2031JG24F52090 was full and open competition.
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