Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52181
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,164,452
Award facts
- Contract value 100% obligated
- $2,164,452.01 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 Department of the Treasury. The contract was awarded to Asahi Refining USA Inc., a foreign-owned for-profit corporation, on October 24, 2024, with a total ceiling value of $2,164,452.01. The contract is structured as a firm fixed-price delivery order and does not utilize any set-aside designations.
Asahi Refining USA Inc. is a major supplier of precious metals to the United States government, primarily serving the United States Mint. The company has established itself as a critical partner in maintaining the supply chain for U.S. coinage production, leveraging its nearly 200 years of experience in precious metal refining to meet the Mint's exacting specifications.
This award is part of Asahi Refining USA Inc.'s larger federal contracting activity with the United States Mint, which includes two significant indefinite delivery contracts (IDVs) 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.
Quick answers
Who was awarded contract 2031JG25F52181?
2031JG25F52181 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 24, 2024.
How much is contract 2031JG25F52181 worth?
The government has obligated $2,164,452 on 2031JG25F52181.
Is contract 2031JG25F52181 an order under another contract?
Yes. 2031JG25F52181 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52181 competed?
The extent of competition for 2031JG25F52181 was full and open competition.
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