Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52203
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,210,915
Award facts
- Contract value 100% obligated
- $3,210,915.12 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 was issued by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation that specializes in precious metal refining and bullion products. The award, valued at $3,210,915.12, is a firm fixed-price delivery order for the provision of raw gold bullion.
Asahi Refining USA Inc. has established itself as a critical partner for the United States Mint, providing the agency with raw gold and refined silver bullion to support its coin production programs. This award is part of two larger indefinite delivery contracts (IDVs) held by Asahi Refining USA Inc., one valued at up to $20 billion for raw gold bullion through 2040, and another worth up to $10 billion for refined silver through 2040. These long-term contracts enable the Mint to rapidly procure essential precious metals through individual delivery orders, ensuring a reliable supply chain. The contract does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG25F52203?
2031JG25F52203 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 13, 2024.
How much is contract 2031JG25F52203 worth?
The government has obligated $3,210,915 on 2031JG25F52203.
Is contract 2031JG25F52203 an order under another contract?
Yes. 2031JG25F52203 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52203 competed?
The extent of competition for 2031JG25F52203 was full and open competition.
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