Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52173
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,998,145
Award facts
- Contract value 100% obligated
- $2,998,145.33 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 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 valued at $2,998,145.33, with a completion date of September 27, 2024.
Asahi Refining USA Inc. has been awarded two significant indefinite delivery vehicles (IDVs) by the United States Mint, one for up to $20 billion in raw gold bullion and another for up to $10 billion in refined silver, both with ordering periods 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. The 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 2031JG24F52173?
2031JG24F52173 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 20, 2024.
How much is contract 2031JG24F52173 worth?
The government has obligated $2,998,145 on 2031JG24F52173.
Is contract 2031JG24F52173 an order under another contract?
Yes. 2031JG24F52173 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52173 competed?
The extent of competition for 2031JG24F52173 was full and open competition.
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