Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52183
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,162,696
Award facts
- Contract value 100% obligated
- $1,162,696.29 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 is a firm fixed-price delivery order awarded by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the provision of raw gold bullion. The contract has a ceiling value of $1,162,696.29 and a completion date of November 1, 2024. This order is issued against two significant indefinite delivery contracts (IDVs) held by Asahi Refining USA with the United States Mint, one for up to $20 billion in raw gold bullion through 2040 and another for up to $10 billion in refined silver through 2040. These long-term contracts enable the Mint to rapidly procure precious metals for its coin production programs without further competition, ensuring a reliable supply chain. The contract does not utilize any set-aside designations, and Asahi Refining USA serves as the prime contractor without any major subcontractors listed.
Quick answers
Who was awarded contract 2031JG25F52183?
2031JG25F52183 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 25, 2024.
How much is contract 2031JG25F52183 worth?
The government has obligated $1,162,696 on 2031JG25F52183.
Is contract 2031JG25F52183 an order under another contract?
Yes. 2031JG25F52183 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52183 competed?
The extent of competition for 2031JG25F52183 was full and open competition.
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