Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52141
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,894,908
Award facts
- Contract value 100% obligated
- $2,894,908.01 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 provision of raw gold bullion to the United States Mint, a bureau of the U.S. Department of the Treasury. The prime contractor is Asahi Refining USA Inc., a foreign-owned, for-profit organization that specializes in precious metal refining and bullion products. The contract has a firm fixed price, ceiling value of $2,894,908.01 and an ultimate completion date of August 16, 2024.
Asahi Refining USA has been awarded two significant indefinite delivery contracts (IDVs) by the United States Mint - one valued at up to $20 billion for raw gold bullion through 2040, and another worth up to $10 billion for refined silver through 2040. These IDVs allow the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable supply chain for U.S. coinage production over the next two decades. This latest award is a delivery order issued against one of these IDVs.
Quick answers
Who was awarded contract 2031JG24F52141?
2031JG24F52141 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.
How much is contract 2031JG24F52141 worth?
The government has obligated $2,894,908 on 2031JG24F52141.
Is contract 2031JG24F52141 an order under another contract?
Yes. 2031JG24F52141 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52141 competed?
The extent of competition for 2031JG24F52141 was full and open competition.
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