Raw gold bullion

Ended Awarded

Contract number
2031JG25F52198
Awardee
Awarding agency
Obligated
$3,387,329

Award facts

Contract value 100% obligated
$3,387,329.42 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 is a firm fixed-price delivery order awarded by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the provision of raw gold bullion. The contract has a ceiling value of $3,387,329.42 and an ultimate completion date of November 22, 2024. This award is part of a larger $20 billion single-award indefinite delivery vehicle (IDV) established in December 2020, which enables the Mint to issue delivery orders for raw gold bullion through 2040 without further competition. Asahi Refining USA Inc. has demonstrated its ability to fulfill large-scale precious metal orders for the Mint, with some individual contracts exceeding $50 million in value. This contract does not utilize any set-aside designations, and Asahi Refining USA Inc. is the prime contractor without any major subcontractors listed.

Quick answers

Who was awarded contract 2031JG25F52198?

2031JG25F52198 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 13, 2024.

How much is contract 2031JG25F52198 worth?

The government has obligated $3,387,329 on 2031JG25F52198.

Is contract 2031JG25F52198 an order under another contract?

Yes. 2031JG25F52198 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52198 competed?

The extent of competition for 2031JG25F52198 was full and open competition.

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