Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52178
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,039,023
Award facts
- Contract value 100% obligated
- $2,039,023.26 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 was issued by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation. The $2,039,023.26 firm fixed-price delivery order is for the supply of raw gold bullion. This award is associated with two larger indefinite delivery vehicles (IDVs) awarded to Asahi Refining USA Inc. by the United States Mint – a single-award IDV worth up to $20 billion for raw gold bullion through 2040, and a multiple-award IDV worth up to $10 billion for refined silver through 2040. These long-term contracts enable the Mint to rapidly procure precious metals for its coin production programs without further competition. The contract does not utilize any set-aside designations, and Asahi Refining USA Inc. is the prime contractor without any major subcontractors listed. Asahi Refining USA Inc. has established itself as a critical partner in maintaining the supply chain for U.S. coinage production, leveraging its expertise in precious metal refining to meet the Mint's exacting specifications.
Quick answers
Who was awarded contract 2031JG25F52178?
2031JG25F52178 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 16, 2024.
How much is contract 2031JG25F52178 worth?
The government has obligated $2,039,023 on 2031JG25F52178.
Is contract 2031JG25F52178 an order under another contract?
Yes. 2031JG25F52178 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52178 competed?
The extent of competition for 2031JG25F52178 was full and open competition.
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