Raw gold bullion
Ended Awarded
- Contract number
- 2031JG24F52176
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,169,272
Award facts
- Contract value 100% obligated
- $3,169,271.65 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 firm fixed-price delivery order, awarded to Asahi Refining USA Inc., provides for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract has a ceiling value of $3,169,271.65 and an ultimate completion date of September 27, 2024. Asahi Refining USA Inc. is a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products.
The contract is not associated with a set-aside designation. Asahi Refining USA Inc. serves as the prime contractor without any major subcontractors listed. This delivery order is part of a larger acquisition strategy, as Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint. The first, awarded in December 2020, is a single-award vehicle valued at up to $20 billion for the provision of raw gold bullion through 2040. The second, awarded in March 2022, is a multiple-award vehicle worth up to an additional $10 billion for refined silver, also with an ordering period 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 2031JG24F52176?
2031JG24F52176 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 20, 2024.
How much is contract 2031JG24F52176 worth?
The government has obligated $3,169,272 on 2031JG24F52176.
Is contract 2031JG24F52176 an order under another contract?
Yes. 2031JG24F52176 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG24F52176 competed?
The extent of competition for 2031JG24F52176 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