Raw gold bullion

Ended Awarded

Contract number
2031JG24F52100
Awardee
Awarding agency
Obligated
$1,857,821

Award facts

Contract value 100% obligated
$1,857,820.63 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 firm fixed-price delivery order contract was awarded by the United States Mint, a civilian agency within the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation specializing in precious metal refining. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract has a ceiling value of $1,857,820.63 and a completion date of July 15, 2024. Asahi Refining USA Inc. has held two indefinite delivery contracts with the United States Mint since 2020 and 2022, worth up to $20 billion and $10 billion respectively, to provide the Mint with raw gold and refined silver bullion to support its ongoing coin production programs. This delivery order contract is part of the larger indefinite delivery contract framework, and does not have a small business set-aside designation.

Quick answers

Who was awarded contract 2031JG24F52100?

2031JG24F52100 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 5, 2024.

How much is contract 2031JG24F52100 worth?

The government has obligated $1,857,821 on 2031JG24F52100.

Is contract 2031JG24F52100 an order under another contract?

Yes. 2031JG24F52100 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52100 competed?

The extent of competition for 2031JG24F52100 was full and open competition.

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