Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52143
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,859,887
Award facts
- Contract value 100% obligated
- $2,859,887.24 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 was awarded by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. The contract, valued at $2,859,887.24, is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah, by the specified completion date of August 16, 2024. This delivery order is part of two larger indefinite delivery contracts (IDVs) awarded to Asahi Refining USA by the United States Mint. The first IDV, valued at up to $20 billion, is for the provision of raw gold bullion through 2040, while the second IDV, worth up to an additional $10 billion, is for refined silver through 2040. These IDVs allow the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable supply of essential commodities for U.S. coinage production over the next two decades. The contract 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 2031JG24F52143?
2031JG24F52143 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 31, 2024.
How much is contract 2031JG24F52143 worth?
The government has obligated $2,859,887 on 2031JG24F52143.
Is contract 2031JG24F52143 an order under another contract?
Yes. 2031JG24F52143 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52143 competed?
The extent of competition for 2031JG24F52143 was full and open competition.
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