Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52135
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,131,848
Award facts
- Contract value 100% obligated
- $4,131,847.56 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 prime contractor for this firm fixed-price delivery order is Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The award has a ceiling value of $4,131,847.56 and an ultimate completion date of August 16, 2024.
Asahi Refining USA has established itself as an approved supplier of precious metals essential for the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins. The company 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 enable the Mint to issue delivery orders for precious metals without further competition, streamlining the acquisition process and ensuring a reliable supply of essential commodities for coin production.
This contract does not utilize any set-aside designations, and Asahi Refining USA is serving as the prime contractor without any major subcontractors listed.
Quick answers
Who was awarded contract 2031JG24F52135?
2031JG24F52135 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.
How much is contract 2031JG24F52135 worth?
The government has obligated $4,131,848 on 2031JG24F52135.
Is contract 2031JG24F52135 an order under another contract?
Yes. 2031JG24F52135 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52135 competed?
The extent of competition for 2031JG24F52135 was full and open competition.
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