Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52180
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $987,682
Award facts
- Contract value 100% obligated
- $987,681.81 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 provision of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The prime contractor for this delivery order is Asahi Refining USA Inc., a foreign-owned for-profit organization that specializes in precious metal refining and has an established history of supplying the Mint with raw precious metals.
This $987,681.81 firm fixed-price delivery order is not designated as a set-aside contract and represents a small portion of Asahi Refining USA's larger federal contracting relationship with the Mint. Asahi Refining USA holds two significant indefinite delivery contracts (IDVs) with the Mint, one for up to $20 billion in raw gold bullion and another for up to $10 billion in refined silver, both with ordering periods through 2040. These long-term agreements enable the Mint to rapidly procure necessary precious metals to support its ongoing coin production programs.
Quick answers
Who was awarded contract 2031JG25F52180?
2031JG25F52180 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 16, 2024.
How much is contract 2031JG25F52180 worth?
The government has obligated $987,682 on 2031JG25F52180.
Is contract 2031JG25F52180 an order under another contract?
Yes. 2031JG25F52180 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52180 competed?
The extent of competition for 2031JG25F52180 was full and open competition.
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