Raw gold bullion

Ended Awarded

Contract number
2031JG24F52105
Awardee
Awarding agency
Obligated
$2,900,879

Award facts

Contract value 100% obligated
$2,900,879.46 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 was issued by the United States Mint, a civilian agency within the Department of the Treasury, to Asahi Refining USA Inc. The $2,900,879.46 firm fixed-price delivery order is for the supply of raw gold bullion. Asahi Refining USA, a foreign-owned for-profit corporation, has been an approved supplier of precious metals to the Mint through two larger indefinite delivery contracts valued at up to $20 billion and $10 billion, respectively. These overarching vehicles, awarded in 2020 and 2022, facilitate the Mint's rapid procurement of raw gold and refined silver bullion required for its ongoing coin production programs. The current delivery order, placed under the gold bullion contract, does not have a small business set-aside designation. Asahi Refining USA will fulfill this contract by delivering the raw gold bullion to the Mint's facility in Salt Lake City, Utah.

Quick answers

Who was awarded contract 2031JG24F52105?

2031JG24F52105 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 11, 2024.

How much is contract 2031JG24F52105 worth?

The government has obligated $2,900,879 on 2031JG24F52105.

Is contract 2031JG24F52105 an order under another contract?

Yes. 2031JG24F52105 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52105 competed?

The extent of competition for 2031JG24F52105 was full and open competition.

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