Raw gold bullion

Ended Awarded

Contract number
2031JG24F52139
Awardee
Awarding agency
Obligated
$3,766,358

Award facts

Contract value 100% obligated
$3,766,357.99 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 federal contract award is a delivery order under an indefinite delivery vehicle (IDV) held by Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The award is for the provision of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury, with a ceiling value of $3,766,357.99 and a period of performance through August 16, 2024.

Asahi Refining USA has two significant IDVs with the United States Mint, 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 contracts establish Asahi Refining USA as a critical partner in maintaining the supply chain for U.S. coinage production over the next two decades. The current delivery order does not utilize any set-aside designations, and Asahi Refining USA is the prime contractor without any major subcontractors listed.

Quick answers

Who was awarded contract 2031JG24F52139?

2031JG24F52139 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.

How much is contract 2031JG24F52139 worth?

The government has obligated $3,766,358 on 2031JG24F52139.

Is contract 2031JG24F52139 an order under another contract?

Yes. 2031JG24F52139 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52139 competed?

The extent of competition for 2031JG24F52139 was full and open competition.

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