Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52162
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,969,097
Award facts
- Contract value 100% obligated
- $3,969,096.98 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 was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The contract is a firm fixed-price delivery order with a ceiling value of $3,969,096.98 and a period of performance through September 12, 2024. Asahi Refining USA has established itself as 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 holds two significant indefinite delivery contracts (IDVs) with the United States Mint, valued at up to $20 billion for raw gold bullion and up to $10 billion for refined silver, which enable the Mint to issue delivery orders for precious metals without further competition. This contract does not utilize any set-aside designations, and Asahi Refining USA serves as the prime contractor without any major subcontractors listed.
Quick answers
Who was awarded contract 2031JG24F52162?
2031JG24F52162 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 4, 2024.
How much is contract 2031JG24F52162 worth?
The government has obligated $3,969,097 on 2031JG24F52162.
Is contract 2031JG24F52162 an order under another contract?
Yes. 2031JG24F52162 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52162 competed?
The extent of competition for 2031JG24F52162 was full and open competition.
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