Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52128
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,775,796
Award facts
- Contract value 100% obligated
- $3,775,795.98 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 federal contract award was issued 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 $3,775,795.98, is a firm fixed-price delivery order for the provision of raw gold bullion.
The award is part of two larger indefinite delivery vehicles (IDVs) previously established between the United States Mint and Asahi Refining USA. The first IDV, awarded in December 2020, is a single-award contract valued at up to $20 billion for raw gold bullion through 2040. The second IDV, awarded in March 2022, is a multiple-award contract worth up to an additional $10 billion for refined silver through 2040. These IDVs allow 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.
The current delivery order requires Asahi Refining USA to supply the raw gold bullion to the Mint's facility in Salt Lake City, Utah, by August 9, 2024. The contract does not utilize any set-aside designation, and Asahi Refining USA is the prime contractor without any major subcontractors listed.
Quick answers
Who was awarded contract 2031JG24F52128?
2031JG24F52128 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.
How much is contract 2031JG24F52128 worth?
The government has obligated $3,775,796 on 2031JG24F52128.
Is contract 2031JG24F52128 an order under another contract?
Yes. 2031JG24F52128 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52128 competed?
The extent of competition for 2031JG24F52128 was full and open competition.
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