Raw gold bullion

Ended Awarded

Contract number
2031JG25F52177
Awardee
Awarding agency
Obligated
$3,276,296

Award facts

Contract value 100% obligated
$3,276,296.33 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
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 company that specializes in precious metal refining and bullion products.

The contract, valued at $3,276,296.33, is a firm fixed-price delivery order awarded on October 16, 2024, with a completion date of October 31, 2024. This award is part of two larger indefinite delivery vehicles (IDVs) held by Asahi Refining USA Inc. with the United States Mint, one valued at up to $20 billion for raw gold bullion and another at up to $10 billion for refined silver, both with ordering periods through 2040. These long-term contracts provide the Mint with a reliable and efficient supply chain for essential precious metal commodities needed for its coin production programs. The contract does not utilize any set-aside designations.

Quick answers

Who was awarded contract 2031JG25F52177?

2031JG25F52177 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 16, 2024.

How much is contract 2031JG25F52177 worth?

The government has obligated $3,276,296 on 2031JG25F52177.

Is contract 2031JG25F52177 an order under another contract?

Yes. 2031JG25F52177 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52177 competed?

The extent of competition for 2031JG25F52177 was full and open competition.

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