Raw gold bullion

Ended Awarded

Contract number
2031JG25F52185
Awardee
Awarding agency
Obligated
$3,336,355

Award facts

Contract value 100% obligated
$3,336,355.43 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

The U.S. government, through the United States Mint, a bureau of the Department of the Treasury, has awarded a Firm Fixed Price delivery order contract to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the provision of raw gold bullion. The contract, valued at $3,336,355.43, has a completion date of November 1, 2024. This award is part of a larger Indefinite Delivery Vehicle (IDV) contract, worth up to $20 billion, that was awarded to Asahi Refining USA Inc. in December 2020 for the supply of raw gold bullion to the United States Mint through 2040. The contract does not utilize any set-aside designations. Asahi Refining USA Inc. is a major supplier of precious metals to the U.S. government, leveraging its extensive experience in precious metal refining to meet the Mint's requirements for circulating coins, commemorative issues, and bullion coins.

Quick answers

Who was awarded contract 2031JG25F52185?

2031JG25F52185 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 25, 2024.

How much is contract 2031JG25F52185 worth?

The government has obligated $3,336,355 on 2031JG25F52185.

Is contract 2031JG25F52185 an order under another contract?

Yes. 2031JG25F52185 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52185 competed?

The extent of competition for 2031JG25F52185 was full and open competition.

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