Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52161
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,930,505
Award facts
- Contract value 100% obligated
- $3,930,504.80 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. Asahi Refining is a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The contract is a delivery order with a firm fixed-price for the provision of raw gold bullion, with a ceiling value of $3,930,504.80 and a completion date of September 12, 2024. Asahi Refining USA has been awarded this contract without the use of any set-aside designations.
In addition to this specific delivery order, Asahi Refining USA has two larger indefinite delivery contracts (IDVs) with the United States Mint, awarded in 2020 and 2022, respectively. These IDVs are worth up to $20 billion for raw gold bullion and $10 billion for refined silver, with ordering periods through 2040. These contracts establish Asahi Refining USA as a critical partner in maintaining the supply chain for U.S. coinage production over the next two decades.
Quick answers
Who was awarded contract 2031JG24F52161?
2031JG24F52161 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 4, 2024.
How much is contract 2031JG24F52161 worth?
The government has obligated $3,930,505 on 2031JG24F52161.
Is contract 2031JG24F52161 an order under another contract?
Yes. 2031JG24F52161 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52161 competed?
The extent of competition for 2031JG24F52161 was full and open competition.
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