Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52127
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,946,070
Award facts
- Contract value 100% obligated
- $3,946,070.23 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 contract 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, with a ceiling value of $3,946,070.23, is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah by August 9, 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 contract does not utilize any set-aside designations, and Asahi Refining USA serves as the prime contractor without any major subcontractors listed. In addition to this delivery order, Asahi Refining USA holds two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion for raw gold bullion and another for up to $10 billion for refined silver, both with ordering periods through 2040. These IDVs enable the Mint to issue delivery orders for precious metals without further competition, streamlining the acquisition process and ensuring a reliable supply of essential commodities for coin production.
Quick answers
Who was awarded contract 2031JG24F52127?
2031JG24F52127 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.
How much is contract 2031JG24F52127 worth?
The government has obligated $3,946,070 on 2031JG24F52127.
Is contract 2031JG24F52127 an order under another contract?
Yes. 2031JG24F52127 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52127 competed?
The extent of competition for 2031JG24F52127 was full and open competition.
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