Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52106
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,847,758
Award facts
- Contract value 100% obligated
- $1,847,757.99 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 U.S. Department of the Treasury. The contract was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The contract is a delivery order with a firm fixed-price pricing type, valued at $1,847,757.99, and has an ultimate completion date of August 8, 2024.
The contract is part of two larger indefinite delivery contracts awarded to Asahi Refining USA Inc. in 2020 and 2022, worth up to $20 billion and $10 billion respectively, that enable the Mint to rapidly procure raw gold and refined silver bullion through 2040. These contracts establish Asahi Refining USA Inc. as an approved supplier of precious metals to the United States Mint, ensuring the agency maintains reliable access to essential commodities required for its ongoing coin production programs. The current delivery order does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F52106?
2031JG24F52106 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 11, 2024.
How much is contract 2031JG24F52106 worth?
The government has obligated $1,847,758 on 2031JG24F52106.
Is contract 2031JG24F52106 an order under another contract?
Yes. 2031JG24F52106 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52106 competed?
The extent of competition for 2031JG24F52106 was full and open competition.
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