Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52145
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,826,403
Award facts
- Contract value 100% obligated
- $1,826,402.65 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 delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The award, valued at $1,826,402.65, was issued to the prime contractor Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products.
Asahi Refining USA 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 allow the Mint to issue delivery orders to Asahi Refining USA without further competition, ensuring a reliable supply of essential precious metals for U.S. coinage production. This particular award is a firm fixed-price delivery order placed under one of these IDVs, with the raw gold bullion to be delivered to the Mint's facility in Salt Lake City, Utah by August 16, 2024. The contract does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG24F52145?
2031JG24F52145 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on August 7, 2024.
How much is contract 2031JG24F52145 worth?
The government has obligated $1,826,403 on 2031JG24F52145.
Is contract 2031JG24F52145 an order under another contract?
Yes. 2031JG24F52145 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52145 competed?
The extent of competition for 2031JG24F52145 was full and open competition.
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