Raw gold bullion

Ended Awarded

Contract number
2031JG24F52098
Awardee
Awarding agency
Obligated
$2,662,020

Award facts

Contract value 100% obligated
$2,662,020.43 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

This federal contract award is for the delivery of raw gold bullion to the United States Mint, a civilian agency under the Department of the Treasury. The contract was awarded on June 25, 2024 to Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal assaying, refining, and bullion products.

The contract, valued at $2,662,020.43, is a delivery order under an existing indefinite delivery contract that Asahi Refining USA Inc. holds with the United States Mint. This indefinite delivery contract, awarded in December 2020, is a single-award vehicle worth up to $20 billion and enables the streamlined acquisition of raw gold bullion for the Mint's coin production programs through 2040. The current delivery order has a firm fixed-price pricing type and an ultimate completion date of July 2, 2024. There is no set-aside designation mentioned for this contract award.

Quick answers

Who was awarded contract 2031JG24F52098?

2031JG24F52098 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on June 25, 2024.

How much is contract 2031JG24F52098 worth?

The government has obligated $2,662,020 on 2031JG24F52098.

Is contract 2031JG24F52098 an order under another contract?

Yes. 2031JG24F52098 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52098 competed?

The extent of competition for 2031JG24F52098 was full and open competition.

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