Raw gold bullion

Ended Awarded

Contract number
2031JG24F52109
Awardee
Awarding agency
Obligated
$2,911,272

Award facts

Contract value 100% obligated
$2,911,272.30 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
Great Britain, United Kingdom

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 prime contractor is Asahi Refining USA Inc., a foreign-owned for-profit corporation specializing in precious metal refining and bullion products. The contract is a delivery order with a firm fixed price of $2,911,272.30 and an ultimate completion date of July 18, 2024. This award is not designated as a set-aside contract. Asahi Refining USA Inc. has held multiple indefinite delivery contracts with the United States Mint since 2020 and 2022, valued at up to $20 billion and $10 billion respectively, to provide raw gold and refined silver bullion for the Mint's ongoing coin production programs. Through these contracts, Asahi Refining USA Inc. has been established as an approved supplier of precious metals to the United States Mint.

Quick answers

Who was awarded contract 2031JG24F52109?

2031JG24F52109 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 11, 2024.

How much is contract 2031JG24F52109 worth?

The government has obligated $2,911,272 on 2031JG24F52109.

Is contract 2031JG24F52109 an order under another contract?

Yes. 2031JG24F52109 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52109 competed?

The extent of competition for 2031JG24F52109 was full and open competition.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award