Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52163
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,986,673
Award facts
- Contract value 100% obligated
- $3,986,672.80 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 to Asahi Refining USA Inc., a foreign-owned, for-profit corporation, is for the provision of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract, valued at $3,986,672.80, is a delivery order placed under two larger indefinite delivery vehicles (IDVs) held by Asahi Refining USA with the U.S. Mint. The first IDV, awarded in 2020, has a potential value of up to $20 billion for raw gold bullion through 2040. The second IDV, awarded in 2022, has a potential value of up to $10 billion for refined silver through 2040. These IDVs enable the Mint to acquire precious metals necessary for the production of circulating coins, commemorative issues, and bullion coins without further competition. The current $3.99 million delivery order requires Asahi Refining USA to deliver raw gold bullion to the Mint's facility in Salt Lake City, Utah by September 12, 2024. This contract does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG24F52163?
2031JG24F52163 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 4, 2024.
How much is contract 2031JG24F52163 worth?
The government has obligated $3,986,673 on 2031JG24F52163.
Is contract 2031JG24F52163 an order under another contract?
Yes. 2031JG24F52163 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52163 competed?
The extent of competition for 2031JG24F52163 was full and open competition.
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