Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52110
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,881,724
Award facts
- Contract value 100% obligated
- $2,881,723.53 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
- 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 contract was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The award, valued at $2,881,723.53, is a firm fixed-price delivery order with a period of performance ending on July 18, 2024. Asahi Refining USA Inc. has provided refined gold and silver bullion to the United States Mint through multiple federal contracts since at least 2021. The company holds two indefinite delivery contracts with the Mint, one for the acquisition of raw gold bullion worth up to $20 billion and another for refined silver bullion worth up to $10 billion, both of which will remain in effect until 2040. These contracts establish Asahi Refining USA Inc. as an approved supplier of precious metals, ensuring the Mint's ongoing coin production programs have reliable access to essential commodities.
Quick answers
Who was awarded contract 2031JG24F52110?
2031JG24F52110 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 11, 2024.
How much is contract 2031JG24F52110 worth?
The government has obligated $2,881,724 on 2031JG24F52110.
Is contract 2031JG24F52110 an order under another contract?
Yes. 2031JG24F52110 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52110 competed?
The extent of competition for 2031JG24F52110 was full and open competition.
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