Raw gold bullion

Ended Awarded

Contract number
2031JG25F52200
Awardee
Awarding agency
Obligated
$3,310,078

Award facts

Contract value 100% obligated
$3,310,078.01 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 is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The prime contractor for this $3,310,078.01 firm fixed-price delivery order is Asahi Refining USA Inc., a foreign-owned for-profit corporation that specializes in precious metal refining and bullion products.

The contract is not associated with a set-aside designation. Asahi Refining USA Inc. has established itself as a critical partner for the U.S. Mint, holding two significant 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 allow the Mint to rapidly procure precious metals for its ongoing coin production programs at the facility in Salt Lake City, Utah.

Quick answers

Who was awarded contract 2031JG25F52200?

2031JG25F52200 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 13, 2024.

How much is contract 2031JG25F52200 worth?

The government has obligated $3,310,078 on 2031JG25F52200.

Is contract 2031JG25F52200 an order under another contract?

Yes. 2031JG25F52200 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52200 competed?

The extent of competition for 2031JG25F52200 was full and open competition.

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