Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52201
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,293,852
Award facts
- Contract value 100% obligated
- $3,293,852.09 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 contract, valued at $3,293,852.09, was awarded on November 13, 2024 to Asahi Refining USA Inc., a foreign-owned for-profit corporation.
The contract is a firm fixed-price delivery order with an ultimate completion date of November 22, 2024. Asahi Refining USA Inc. has established itself as a critical supplier of precious metals to the United States Mint, providing raw gold and refined silver bullion for the Mint's production of circulating coins, commemorative issues, and bullion coins. This award is not a set-aside contract. Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, respectively, with ordering periods through 2040. These long-term vehicles enable the Mint to rapidly procure the necessary precious metals for its coin production programs.
Quick answers
Who was awarded contract 2031JG25F52201?
2031JG25F52201 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 13, 2024.
How much is contract 2031JG25F52201 worth?
The government has obligated $3,293,852 on 2031JG25F52201.
Is contract 2031JG25F52201 an order under another contract?
Yes. 2031JG25F52201 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52201 competed?
The extent of competition for 2031JG25F52201 was full and open competition.
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