Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52154
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,125,408
Award facts
- Contract value 100% obligated
- $4,125,407.71 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 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 that specializes in precious metal refining and bullion products. The $4,125,407.71 contract is for the provision of raw gold bullion to support the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins.
Asahi Refining USA has been established as a critical supplier of precious metals to the United States Mint, holding two significant indefinite delivery contracts (IDVs) with the agency valued at up to $20 billion for raw gold bullion and $10 billion for refined silver through 2040. These IDVs enable the Mint to streamline the acquisition process and ensure a reliable supply of essential commodities for U.S. coinage production over the next two decades. The current delivery order does not utilize any set-aside designations, with Asahi Refining USA serving as the prime contractor.
Quick answers
Who was awarded contract 2031JG24F52154?
2031JG24F52154 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on August 19, 2024.
How much is contract 2031JG24F52154 worth?
The government has obligated $4,125,408 on 2031JG24F52154.
Is contract 2031JG24F52154 an order under another contract?
Yes. 2031JG24F52154 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52154 competed?
The extent of competition for 2031JG24F52154 was full and open competition.
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