Raw gold bullion

Ended Awarded

Contract number
2031JG24F52170
Awardee
Awarding agency
Obligated
$3,025,713

Award facts

Contract value 100% obligated
$3,025,713.46 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
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 that specializes in precious metal refining and bullion products. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah, with a completion date of September 19, 2024. The contract has a ceiling value of $3,025,713.46.

Asahi Refining USA holds two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion for raw gold bullion through 2040, and another for up to $10 billion 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 U.S. coinage production over the next two decades. This delivery order contract does not utilize any set-aside designations, and Asahi Refining USA is the prime contractor without any major subcontractors listed.

Quick answers

Who was awarded contract 2031JG24F52170?

2031JG24F52170 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 12, 2024.

How much is contract 2031JG24F52170 worth?

The government has obligated $3,025,713 on 2031JG24F52170.

Is contract 2031JG24F52170 an order under another contract?

Yes. 2031JG24F52170 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG24F52170 competed?

The extent of competition for 2031JG24F52170 was full and open competition.

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