Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52123
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,923,024
Award facts
- Contract value 100% obligated
- $2,923,023.60 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 contract award from the United States Mint, a bureau of the Department of the Treasury, is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The award, valued at $2,923,023.60, utilizes a firm fixed-price delivery order contract type. The prime contractor is Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The contract does not utilize any set-aside designations.
Asahi Refining USA Inc. holds two significant indefinite delivery vehicles (IDVs) with the United States Mint. The first is a single-award IDV valued at up to $20 billion for the provision of raw gold bullion through 2040. The second is a multiple-award IDV worth up to $10 billion for refined silver, also with an ordering period 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.
Quick answers
Who was awarded contract 2031JG24F52123?
2031JG24F52123 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.
How much is contract 2031JG24F52123 worth?
The government has obligated $2,923,024 on 2031JG24F52123.
Is contract 2031JG24F52123 an order under another contract?
Yes. 2031JG24F52123 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52123 competed?
The extent of competition for 2031JG24F52123 was full and open competition.
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