Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52151
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $5,754,383
Award facts
- Contract value 100% obligated
- $5,754,383.40 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 was issued 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 $5,754,383.40 firm fixed-price delivery order is for the supply of raw gold bullion to the Mint's facility in Salt Lake City, Utah, by August 20, 2024.
Asahi Refining USA holds two significant indefinite delivery contracts (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 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 over the next two decades. The contract does not utilize any set-aside designations, and Asahi Refining USA serves as the prime contractor without any major subcontractors listed.
Quick answers
Who was awarded contract 2031JG24F52151?
2031JG24F52151 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on August 12, 2024.
How much is contract 2031JG24F52151 worth?
The government has obligated $5,754,383 on 2031JG24F52151.
Is contract 2031JG24F52151 an order under another contract?
Yes. 2031JG24F52151 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52151 competed?
The extent of competition for 2031JG24F52151 was full and open competition.
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