Raw gold bullion

Ended Awarded

Contract number
2031JG25F52193
Awardee
Awarding agency
Obligated
$3,326,118

Award facts

Contract value 100% obligated
$3,326,118.32 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

This federal contract award was made by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation. The $3,326,118.32 firm fixed-price delivery order is for the provision of raw gold bullion to the Mint's facility in Salt Lake City, Utah.

Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint, valued at up to $20 billion and $10 billion respectively, for the supply of raw gold bullion and refined silver through 2040. These long-term contracts allow the Mint to rapidly issue delivery orders for precious metals without further competition, ensuring a reliable supply chain for essential coinage production materials. The current award is not designated as a set-aside contract.

Quick answers

Who was awarded contract 2031JG25F52193?

2031JG25F52193 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 6, 2024.

How much is contract 2031JG25F52193 worth?

The government has obligated $3,326,118 on 2031JG25F52193.

Is contract 2031JG25F52193 an order under another contract?

Yes. 2031JG25F52193 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52193 competed?

The extent of competition for 2031JG25F52193 was full and open competition.

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