Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52174
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,972,159
Award facts
- Contract value 100% obligated
- $2,972,158.97 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 contract, valued at $2,972,158.97, was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products.
Asahi Refining USA Inc. has established itself as an approved supplier of precious metals essential for the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins. This contract does not utilize any set-aside designations. Asahi Refining USA Inc. serves as the prime contractor without any major subcontractors listed.
Asahi Refining USA Inc. also holds two significant indefinite delivery contracts (IDVs) with the United States Mint, valued at up to $20 billion for raw gold bullion through 2040 and 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 coin production over the next two decades.
Quick answers
Who was awarded contract 2031JG24F52174?
2031JG24F52174 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 20, 2024.
How much is contract 2031JG24F52174 worth?
The government has obligated $2,972,159 on 2031JG24F52174.
Is contract 2031JG24F52174 an order under another contract?
Yes. 2031JG24F52174 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52174 competed?
The extent of competition for 2031JG24F52174 was full and open competition.
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