Raw gold bullion

Ended Awarded

Contract number
2031JG25F52187
Awardee
Awarding agency
Obligated
$3,228,920

Award facts

Contract value 100% obligated
$3,228,920.12 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

Written by GovTribe AI ·

This federal contract award, with ID 2031JG21D00006|2031JG25F52187, was issued by the United States Mint to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the delivery of raw gold bullion. The contract is a firm fixed-price delivery order with a ceiling value of $3,228,920.12 and a completion date of November 8, 2024. Asahi Refining USA Inc., a major supplier of precious metals to the U.S. government, has established itself as a critical partner in maintaining the supply chain for U.S. coinage production. This award is part of the company's larger indefinite delivery contracts with the United States Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, which provide a reliable and efficient supply of essential commodities for the Mint's ongoing coin production programs. The contract does not utilize any set-aside designations.

Quick answers

Who was awarded contract 2031JG25F52187?

2031JG25F52187 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 29, 2024.

How much is contract 2031JG25F52187 worth?

The government has obligated $3,228,920 on 2031JG25F52187.

Is contract 2031JG25F52187 an order under another contract?

Yes. 2031JG25F52187 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52187 competed?

The extent of competition for 2031JG25F52187 was full and open competition.

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