Raw gold bullion

Ended Awarded

Contract number
2031JG25F52192
Awardee
Awarding agency
Obligated
$3,323,895

Award facts

Contract value 100% obligated
$3,323,894.67 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. Mint, a bureau of the Department of the Treasury, awarded a firm fixed-price delivery order valued at $3,323,894.67 to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the provision of raw gold bullion. This award is part of larger indefinite delivery contracts (IDVs) that Asahi Refining USA holds with the Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, with ordering periods through 2040. These IDVs allow the Mint to rapidly procure precious metals for its coin production programs without further competition. The current delivery order has a completion date of December 6, 2024 and does not utilize any set-aside designations. Asahi Refining USA, a major supplier of precious metals to the U.S. government, has consistently fulfilled large-scale orders for the Mint's facility in Salt Lake City, Utah, leveraging its nearly 200 years of experience in precious metal refining.

Quick answers

Who was awarded contract 2031JG25F52192?

2031JG25F52192 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 6, 2024.

How much is contract 2031JG25F52192 worth?

The government has obligated $3,323,895 on 2031JG25F52192.

Is contract 2031JG25F52192 an order under another contract?

Yes. 2031JG25F52192 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52192 competed?

The extent of competition for 2031JG25F52192 was full and open competition.

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