Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52166
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,935,042
Award facts
- Contract value 100% obligated
- $1,935,042.08 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 contract 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. The contract is for the provision of raw gold bullion and has a ceiling value of $1,935,042.08. It does not utilize any set-aside designations.
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 been awarded numerous delivery orders by the Mint, typically requiring the supply of refined precious metals to the Mint's facility in Salt Lake City, Utah, by specified dates.
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, and the second, worth up to an additional $10 billion, is for refined silver, also with an ordering period 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 2031JG24F52166?
2031JG24F52166 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 16, 2024.
How much is contract 2031JG24F52166 worth?
The government has obligated $1,935,042 on 2031JG24F52166.
Is contract 2031JG24F52166 an order under another contract?
Yes. 2031JG24F52166 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52166 competed?
The extent of competition for 2031JG24F52166 was full and open competition.
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