Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52117
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,860,787
Award facts
- Contract value 100% obligated
- $2,860,786.90 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 is a firm fixed-price delivery order contract awarded by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation that specializes in precious metal refining and bullion products. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah, by August 1, 2024, with a ceiling value of $2,860,786.90.
Asahi Refining USA Inc. has been awarded two significant indefinite delivery contracts (IDVs) by the United States Mint, one for up to $20 billion for raw gold bullion through 2040, and another for up to $10 billion for refined silver through 2040. These IDVs enable the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable supply of essential commodities for U.S. coinage production over the next two decades. The contract does not utilize any set-aside designations, and Asahi Refining USA Inc. serves as the prime contractor without any major subcontractors listed.
Quick answers
Who was awarded contract 2031JG24F52117?
2031JG24F52117 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 17, 2024.
How much is contract 2031JG24F52117 worth?
The government has obligated $2,860,787 on 2031JG24F52117.
Is contract 2031JG24F52117 an order under another contract?
Yes. 2031JG24F52117 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52117 competed?
The extent of competition for 2031JG24F52117 was full and open competition.
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