Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52134
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,158,054
Award facts
- Contract value 100% obligated
- $4,158,054.10 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 is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract was awarded on July 31, 2024 to Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products.
The contract has a ceiling value of $4,158,054.10 and is a firm fixed-price delivery order with an ultimate completion date of August 16, 2024. Asahi Refining USA Inc. does not have any major subcontractors listed, and the contract does not utilize a set-aside designation.
In addition to this specific delivery order, Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion for raw gold bullion through 2040, and another for up to $10 billion for refined silver through 2040. These IDVs establish Asahi Refining USA Inc. as a critical partner in maintaining the supply chain for U.S. coinage production over the next two decades.
Quick answers
Who was awarded contract 2031JG24F52134?
2031JG24F52134 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.
How much is contract 2031JG24F52134 worth?
The government has obligated $4,158,054 on 2031JG24F52134.
Is contract 2031JG24F52134 an order under another contract?
Yes. 2031JG24F52134 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52134 competed?
The extent of competition for 2031JG24F52134 was full and open competition.
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