Raw gold bullion

Ended Awarded

Contract number
2031JG25F52186
Awardee
Awarding agency
Obligated
$1,154,724

Award facts

Contract value 100% obligated
$1,154,724.35 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 United States Mint, a civilian agency under the Department of the Treasury, awarded a firm fixed-price delivery order to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the provision of raw gold bullion. The order, valued at $1,154,724.35, is part of a larger indefinite delivery vehicle (IDV) contract awarded to Asahi Refining in December 2020, worth up to $20 billion for raw gold bullion through 2040. The contract does not utilize any set-aside designations, and Asahi Refining serves as the prime contractor without any major subcontractors listed. This award is the most recent in a series of federal contracts between the United States Mint and Asahi Refining, highlighting the company's critical role in supporting the Mint's coin production programs by supplying the necessary precious metals. The long-term IDV contracts enable the Mint to rapidly procure raw gold and refined silver bullion for its ongoing operations.

Quick answers

Who was awarded contract 2031JG25F52186?

2031JG25F52186 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 25, 2024.

How much is contract 2031JG25F52186 worth?

The government has obligated $1,154,724 on 2031JG25F52186.

Is contract 2031JG25F52186 an order under another contract?

Yes. 2031JG25F52186 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52186 competed?

The extent of competition for 2031JG25F52186 was full and open competition.

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