Raw gold bullion

Ended Awarded

Contract number
2031JG25F52199
Awardee
Awarding agency
Obligated
$3,332,333

Award facts

Contract value 100% obligated
$3,332,333.06 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. government awarded a $3,332,333.06 firm fixed-price delivery order contract to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the provision of raw gold bullion. This contract was issued by the United States Mint, a bureau of the Department of the Treasury, and does not utilize any set-aside designations.

Asahi Refining USA Inc. has a long-standing partnership with the United States Mint, having been awarded numerous federal contracts to supply precious metals for the Mint's coin production programs. The company currently holds two indefinite delivery contracts (IDVs) with the Mint, one for up to $20 billion for raw gold bullion and another for up to $10 billion for refined silver, both with ordering periods through 2040. These IDVs provide the Mint with a reliable and efficient supply chain for essential commodities, enabling the agency to rapidly procure the necessary precious metals without further competition.

Quick answers

Who was awarded contract 2031JG25F52199?

2031JG25F52199 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 13, 2024.

How much is contract 2031JG25F52199 worth?

The government has obligated $3,332,333 on 2031JG25F52199.

Is contract 2031JG25F52199 an order under another contract?

Yes. 2031JG25F52199 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52199 competed?

The extent of competition for 2031JG25F52199 was full and open competition.

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