Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52155
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,877,450
Award facts
- Contract value 100% obligated
- $1,877,450.27 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 is a firm fixed-price delivery order 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. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah, with a ceiling value of $1,877,450.27 and a completion date of August 30, 2024.
Asahi Refining USA Inc. is an approved supplier of precious metals essential for the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins. The company has established itself as a critical partner in maintaining the supply chain for U.S. coinage production through two significant indefinite delivery contracts (IDVs) awarded by the 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, streamlining the acquisition process.
Quick answers
Who was awarded contract 2031JG24F52155?
2031JG24F52155 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on August 19, 2024.
How much is contract 2031JG24F52155 worth?
The government has obligated $1,877,450 on 2031JG24F52155.
Is contract 2031JG24F52155 an order under another contract?
Yes. 2031JG24F52155 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52155 competed?
The extent of competition for 2031JG24F52155 was full and open competition.
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