Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52195
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,226,574
Award facts
- Contract value 100% obligated
- $3,226,573.55 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 to Asahi Refining USA Inc., a foreign-owned for-profit corporation, is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The award, valued at $3,226,573.55, is a firm fixed-price delivery order that does not utilize any set-aside designations.
Asahi Refining USA Inc. has established itself as a critical supplier of precious metals to the U.S. government, particularly the United States Mint, through numerous federal contract awards over the years. The company holds two significant indefinite delivery contracts (IDVs) with the Mint, worth up to $20 billion for raw gold bullion and $10 billion for refined silver, respectively, with ordering periods through 2040. These long-term agreements allow the Mint to rapidly procure the necessary precious metals for its coin production programs through individual delivery orders.
Quick answers
Who was awarded contract 2031JG25F52195?
2031JG25F52195 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 6, 2024.
How much is contract 2031JG25F52195 worth?
The government has obligated $3,226,574 on 2031JG25F52195.
Is contract 2031JG25F52195 an order under another contract?
Yes. 2031JG25F52195 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52195 competed?
The extent of competition for 2031JG25F52195 was full and open competition.
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