Raw gold bullion

Ended Awarded

Contract number
2031JG24F52126
Awardee
Awarding agency
Obligated
$3,928,442

Award facts

Contract value 100% obligated
$3,928,442.32 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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

Written by GovTribe AI ·

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 is for the provision of raw gold bullion, with a ceiling value of $3,928,442.32 and an ultimate completion date of August 9, 2024. Asahi Refining USA Inc. is an approved supplier of precious metals essential for the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins. The contract does not utilize any set-aside designations. Asahi Refining USA Inc. also holds two significant indefinite delivery contracts (IDVs) with the United States Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, respectively, with ordering periods through 2040. These IDVs ensure a reliable supply of essential commodities for U.S. coinage production over the next two decades.

Quick answers

Who was awarded contract 2031JG24F52126?

2031JG24F52126 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.

How much is contract 2031JG24F52126 worth?

The government has obligated $3,928,442 on 2031JG24F52126.

Is contract 2031JG24F52126 an order under another contract?

Yes. 2031JG24F52126 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52126 competed?

The extent of competition for 2031JG24F52126 was full and open competition.

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