Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52132
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,099,315
Award facts
- Contract value 100% obligated
- $4,099,315.19 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 federal contract award to Asahi Refining USA Inc., a foreign-owned for-profit corporation, is for the provision of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract, awarded on July 31, 2024, is a delivery order with a firm fixed price and a ceiling value of $4,099,315.19. The contract has an ultimate completion date of August 16, 2024, and does not utilize any set-aside designations.
Asahi Refining USA Inc. has been awarded two significant indefinite delivery contracts (IDVs) with the United States Mint. The first, valued at up to $20 billion, is for the provision of raw gold bullion through 2040. The second, worth up to an additional $10 billion, is for refined silver, also with an ordering period through 2040. These IDVs enable the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable supply of essential commodities for coin production over the next two decades.
Quick answers
Who was awarded contract 2031JG24F52132?
2031JG24F52132 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.
How much is contract 2031JG24F52132 worth?
The government has obligated $4,099,315 on 2031JG24F52132.
Is contract 2031JG24F52132 an order under another contract?
Yes. 2031JG24F52132 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52132 competed?
The extent of competition for 2031JG24F52132 was full and open competition.
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