Raw gold bullion

Ended Awarded

Contract number
2031JG24F52122
Awardee
Awarding agency
Obligated
$3,845,735

Award facts

Contract value 100% obligated
$3,845,734.85 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
Salt Lake City, UT 84120, USA

Award details come from SAM.gov/FPDS.

About this award

The United States Mint, a bureau of the Department of the Treasury, awarded a firm fixed-price delivery order to Asahi Refining USA Inc., a foreign-owned for-profit corporation specializing in precious metal refining and bullion products. The order, valued at $3,845,734.85, is for the provision of raw gold bullion. This delivery order is part of two larger indefinite delivery vehicles (IDVs) previously awarded to Asahi Refining USA, one for up to $20 billion in raw gold bullion through 2040 and another for up to $10 billion in refined silver through 2040. These IDVs allow the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable supply chain for U.S. coinage production. The contract does not utilize any set-aside designations, and Asahi Refining USA is the prime contractor with no major subcontractors listed.

Quick answers

Who was awarded contract 2031JG24F52122?

2031JG24F52122 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.

How much is contract 2031JG24F52122 worth?

The government has obligated $3,845,735 on 2031JG24F52122.

Is contract 2031JG24F52122 an order under another contract?

Yes. 2031JG24F52122 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52122 competed?

The extent of competition for 2031JG24F52122 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