Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52172
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,930,350
Award facts
- Contract value 100% obligated
- $2,930,349.63 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 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 prime contractor is 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 $2,930,349.63 and a completion date of September 24, 2024. Asahi Refining USA has been awarded multiple indefinite delivery contracts (IDCs) by the United States Mint, including a single-award vehicle valued at up to $20 billion for raw gold bullion through 2040 and a multiple-award vehicle worth up to $10 billion for refined silver through 2040. These IDCs 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. The contract does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG24F52172?
2031JG24F52172 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 16, 2024.
How much is contract 2031JG24F52172 worth?
The government has obligated $2,930,350 on 2031JG24F52172.
Is contract 2031JG24F52172 an order under another contract?
Yes. 2031JG24F52172 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52172 competed?
The extent of competition for 2031JG24F52172 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award