Raw gold bullion

Ended Awarded

Contract number
2031JG24F52091
Awardee
Awarding agency
Obligated
$1,898,305

Award facts

Contract value 100% obligated
$1,898,305.48 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 United States Mint awarded Asahi Refining USA Inc., a foreign-owned for-profit corporation, a firm fixed-price delivery order contract worth $1,898,305.48 for the delivery of raw gold bullion. This order is part of a larger indefinite delivery contract, awarded in December 2020, that allows the Mint to acquire up to $20 billion worth of raw gold bullion from Asahi Refining through 2040. The contract does not have a set-aside designation. Asahi Refining, which has nearly 200 years of precious metal refining experience, will deliver the raw gold bullion to the Mint's facility in Salt Lake City, Utah. This contract supports the Mint's ongoing coin production programs, ensuring a reliable supply of essential precious metal commodities.

Quick answers

Who was awarded contract 2031JG24F52091?

2031JG24F52091 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on June 24, 2024.

How much is contract 2031JG24F52091 worth?

The government has obligated $1,898,305 on 2031JG24F52091.

Is contract 2031JG24F52091 an order under another contract?

Yes. 2031JG24F52091 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52091 competed?

The extent of competition for 2031JG24F52091 was full and open competition.

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