Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52140
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,942,285
Award facts
- Contract value 100% obligated
- $2,942,284.87 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 contract, awarded by the United States Mint to Asahi Refining USA Inc., provides for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract has a ceiling value of $2,942,284.87 and an ultimate completion date of August 16, 2024.
Asahi Refining USA Inc. is a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The company serves as a major supplier of raw gold and refined silver bullion to the United States Mint, a bureau of the Department of the Treasury, and has been awarded numerous firm fixed-price delivery orders by the Mint over the years.
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 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.
Quick answers
Who was awarded contract 2031JG24F52140?
2031JG24F52140 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.
How much is contract 2031JG24F52140 worth?
The government has obligated $2,942,285 on 2031JG24F52140.
Is contract 2031JG24F52140 an order under another contract?
Yes. 2031JG24F52140 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52140 competed?
The extent of competition for 2031JG24F52140 was full and open competition.
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