Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52179
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,010,652
Award facts
- Contract value 100% obligated
- $2,010,651.89 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 U.S. Department of the Treasury. The contract, awarded to Asahi Refining USA Inc., a foreign-owned for-profit corporation, is valued at $2,010,651.89 and has an ultimate completion date of October 31, 2024.
Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the U.S. Mint, valued at up to $20 billion and $10 billion, respectively, for the provision of raw gold bullion and refined silver through 2040. These long-term contracts enable the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable and efficient supply chain for essential commodities used in the production of U.S. circulating coins, commemorative issues, and bullion coins. This particular award is structured as a firm fixed-price delivery order and does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG25F52179?
2031JG25F52179 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 16, 2024.
How much is contract 2031JG25F52179 worth?
The government has obligated $2,010,652 on 2031JG25F52179.
Is contract 2031JG25F52179 an order under another contract?
Yes. 2031JG25F52179 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52179 competed?
The extent of competition for 2031JG25F52179 was full and open competition.
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