Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52119
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,027,462
Award facts
- Contract value 100% obligated
- $2,027,461.80 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 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, valued at $2,027,461.80, is for the provision of raw gold bullion to the Mint's facility in Salt Lake City, Utah, with a completion date of August 1, 2024.
Asahi Refining USA Inc. is the prime contractor and no major subcontractors are listed. The contract does not utilize any set-aside designations. Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint, one for raw gold bullion worth up to $20 billion through 2040 and another for refined silver worth up to $10 billion 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 coin production over the next two decades.
Quick answers
Who was awarded contract 2031JG24F52119?
2031JG24F52119 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.
How much is contract 2031JG24F52119 worth?
The government has obligated $2,027,462 on 2031JG24F52119.
Is contract 2031JG24F52119 an order under another contract?
Yes. 2031JG24F52119 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52119 competed?
The extent of competition for 2031JG24F52119 was full and open competition.
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