Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52136
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,900,312
Award facts
- Contract value 100% obligated
- $3,900,311.74 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 firm fixed-price delivery order was awarded to Asahi Refining USA Inc., a foreign-owned for-profit corporation that specializes in precious metal refining and bullion products. The contract, worth up to $3,900,311.74, is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury.
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 raw gold bullion worth up to $20 billion through 2040, and another for refined silver worth up to $10 billion 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. The current delivery order is being performed at the Mint's facility in Salt Lake City, Utah, and does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG24F52136?
2031JG24F52136 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.
How much is contract 2031JG24F52136 worth?
The government has obligated $3,900,312 on 2031JG24F52136.
Is contract 2031JG24F52136 an order under another contract?
Yes. 2031JG24F52136 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52136 competed?
The extent of competition for 2031JG24F52136 was full and open competition.
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