Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52175
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,105,170
Award facts
- Contract value 100% obligated
- $3,105,170.14 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
The United States Mint, a bureau of the Department of the Treasury, awarded a firm fixed-price delivery order contract to Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. The contract, valued at $3,105,170.14, is for the provision of raw gold bullion to support the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins.
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, streamlining the acquisition process and ensuring a reliable supply of essential commodities for coin production. Asahi Refining USA is a critical partner in maintaining the supply chain 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 2031JG24F52175?
2031JG24F52175 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 20, 2024.
How much is contract 2031JG24F52175 worth?
The government has obligated $3,105,170 on 2031JG24F52175.
Is contract 2031JG24F52175 an order under another contract?
Yes. 2031JG24F52175 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52175 competed?
The extent of competition for 2031JG24F52175 was full and open competition.
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