Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52196
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,112,629
Award facts
- Contract value 100% obligated
- $2,112,629.02 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 is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The prime contractor is Asahi Refining USA Inc., a foreign-owned for-profit corporation that specializes in precious metal refining and bullion products. The contract is a firm fixed-price delivery order with a ceiling value of $2,112,629.02 and an ultimate completion date of December 6, 2024. This award is not associated with any set-aside designation.
Asahi Refining USA Inc. has a significant contracting relationship with the United States Mint, holding two indefinite delivery contracts (IDVs) valued at up to $20 billion and $10 billion respectively for the provision of raw gold bullion and refined silver through 2040. These long-term contracts enable the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable and efficient supply chain for essential commodities required for the Mint's coin production programs.
Quick answers
Who was awarded contract 2031JG25F52196?
2031JG25F52196 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 6, 2024.
How much is contract 2031JG25F52196 worth?
The government has obligated $2,112,629 on 2031JG25F52196.
Is contract 2031JG25F52196 an order under another contract?
Yes. 2031JG25F52196 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52196 competed?
The extent of competition for 2031JG25F52196 was full and open competition.
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