Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52152
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,931,503
Award facts
- Contract value 100% obligated
- $2,931,502.51 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 contract has a ceiling value of $2,931,502.51 and is a firm fixed-price delivery order awarded to the prime contractor Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products.
The contract does not utilize any set-aside designations. Asahi Refining USA has established itself as an approved supplier of precious metals essential for the Mint's ongoing coin production programs. This contract is part of two larger indefinite delivery vehicles (IDVs) awarded to Asahi Refining USA by the United States Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, with ordering periods 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.
Quick answers
Who was awarded contract 2031JG24F52152?
2031JG24F52152 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on August 12, 2024.
How much is contract 2031JG24F52152 worth?
The government has obligated $2,931,503 on 2031JG24F52152.
Is contract 2031JG24F52152 an order under another contract?
Yes. 2031JG24F52152 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52152 competed?
The extent of competition for 2031JG24F52152 was full and open competition.
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