Raw gold bullion

Ended Awarded

Contract number
2031JG25F52182
Awardee
Awarding agency
Obligated
$2,153,494

Award facts

Contract value 100% obligated
$2,153,494.28 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 was made by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit organization that specializes in precious metal refining and bullion products. The contract, valued at $2,153,494.28, is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract type is a firm fixed-price delivery order with a completion date of November 1, 2024. This award is not associated with any set-aside designation.

Asahi Refining USA Inc. has established itself as a critical partner for the United States Mint, providing raw gold and refined silver bullion for the Mint's production of circulating coins, commemorative issues, and bullion coins. The company holds two significant indefinite delivery contracts (IDVs) with the Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, respectively, which form the backbone of its federal contracting activity with the agency.

Quick answers

Who was awarded contract 2031JG25F52182?

2031JG25F52182 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 24, 2024.

How much is contract 2031JG25F52182 worth?

The government has obligated $2,153,494 on 2031JG25F52182.

Is contract 2031JG25F52182 an order under another contract?

Yes. 2031JG25F52182 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52182 competed?

The extent of competition for 2031JG25F52182 was full and open competition.

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