Raw gold bullion

Ended Awarded

Contract number
2031JG24F52137
Awardee
Awarding agency
Obligated
$3,861,404

Award facts

Contract value 100% obligated
$3,861,404.11 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

This firm fixed-price delivery order for $3,861,404.11 was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation, by the United States Mint, a bureau of the Department of the Treasury. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah, by August 16, 2024. This award falls under two larger indefinite delivery contracts (IDVs) held by Asahi Refining USA, one for up to $20 billion in raw gold bullion through 2040 and another for up to $10 billion in refined silver 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 U.S. coinage production. The contract does not utilize any set-aside designations.

Quick answers

Who was awarded contract 2031JG24F52137?

2031JG24F52137 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.

How much is contract 2031JG24F52137 worth?

The government has obligated $3,861,404 on 2031JG24F52137.

Is contract 2031JG24F52137 an order under another contract?

Yes. 2031JG24F52137 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52137 competed?

The extent of competition for 2031JG24F52137 was full and open competition.

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