Raw gold bullion

Ended Awarded

Contract number
2031JG24F52133
Awardee
Awarding agency
Obligated
$3,962,887

Award facts

Contract value 100% obligated
$3,962,886.80 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 federal contract award to Asahi Refining USA Inc., a foreign-owned for-profit corporation, is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract has a ceiling value of $3,962,886.80 and a completion date of August 9, 2024. The contract is a firm fixed-price delivery order, with no set-aside designation used. Asahi Refining USA is the prime contractor, with no major subcontractors listed. The contract is part of two larger indefinite delivery vehicles (IDVs) previously awarded to Asahi Refining USA, 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 United States Mint to streamline the acquisition of precious metals essential for its coin production programs, including circulating coins, commemorative issues, and bullion coins.

Quick answers

Who was awarded contract 2031JG24F52133?

2031JG24F52133 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.

How much is contract 2031JG24F52133 worth?

The government has obligated $3,962,887 on 2031JG24F52133.

Is contract 2031JG24F52133 an order under another contract?

Yes. 2031JG24F52133 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52133 competed?

The extent of competition for 2031JG24F52133 was full and open competition.

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