Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52125
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,918,634
Award facts
- Contract value 100% obligated
- $3,918,634.46 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 firm fixed-price delivery order was 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 $3,918,634.46, is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah by August 1, 2024.
Asahi Refining USA has established itself as an approved supplier of precious metals essential for the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins. The company holds two significant indefinite delivery contracts (IDVs) with the Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, to support the agency's long-term precious metal requirements through 2040. These contracts designate Asahi Refining USA as a critical partner in maintaining the supply chain for U.S. coinage production.
Quick answers
Who was awarded contract 2031JG24F52125?
2031JG24F52125 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.
How much is contract 2031JG24F52125 worth?
The government has obligated $3,918,634 on 2031JG24F52125.
Is contract 2031JG24F52125 an order under another contract?
Yes. 2031JG24F52125 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52125 competed?
The extent of competition for 2031JG24F52125 was full and open competition.
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