Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52129
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,845,707
Award facts
- Contract value 100% obligated
- $3,845,706.93 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
The U.S. Mint, a bureau of the Department of the Treasury, has awarded Asahi Refining USA Inc., a foreign-owned for-profit corporation, a firm fixed-price delivery order contract worth $3,845,706.93 for the provision of raw gold bullion. This contract does not utilize any set-aside designations.
Asahi Refining USA has established itself as an approved supplier of precious metals essential for the Mint's ongoing coin production programs. The company holds two significant indefinite delivery contracts (IDVs) with the Mint, one for up to $20 billion in raw gold bullion through 2040, and another for up to $10 billion in refined silver through 2040. These IDVs enable the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable supply chain for U.S. coinage production over the next two decades.
Quick answers
Who was awarded contract 2031JG24F52129?
2031JG24F52129 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 25, 2024.
How much is contract 2031JG24F52129 worth?
The government has obligated $3,845,707 on 2031JG24F52129.
Is contract 2031JG24F52129 an order under another contract?
Yes. 2031JG24F52129 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52129 competed?
The extent of competition for 2031JG24F52129 was full and open competition.
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