Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52157
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,981,152
Award facts
- Contract value 100% obligated
- $2,981,151.60 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 contract award to Asahi Refining USA Inc. is for the provision of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract is a firm fixed-price delivery order with a ceiling value of $2,981,151.60 and an ultimate completion date of August 27, 2024. Asahi Refining USA Inc. is a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. This contract does not utilize any set-aside designations.
In addition to this specific delivery order, Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint. The first, valued at up to $20 billion, is for the provision of raw gold bullion through 2040. The second, worth up to $10 billion, is for 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 coin production over the next two decades.
Quick answers
Who was awarded contract 2031JG24F52157?
2031JG24F52157 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on August 19, 2024.
How much is contract 2031JG24F52157 worth?
The government has obligated $2,981,152 on 2031JG24F52157.
Is contract 2031JG24F52157 an order under another contract?
Yes. 2031JG24F52157 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52157 competed?
The extent of competition for 2031JG24F52157 was full and open competition.
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