Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52204
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,191,200
Award facts
- Contract value 100% obligated
- $3,191,199.85 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 company that specializes in precious metal refining and bullion products. The contract is for the delivery of raw gold bullion to the United States Mint's facility in Salt Lake City, Utah. The contract has a firm fixed-price delivery order structure, a ceiling value of $3,191,199.85, and an ultimate completion date of November 22, 2024. This award is not set aside and does not utilize any special designations.
Asahi Refining USA Inc. has established itself as a critical partner for the United States Mint, providing raw gold and refined silver bullion to support the Mint's ongoing coin production programs. The company holds two significant indefinite delivery contracts (IDVs) with the Mint, one for raw gold bullion valued at up to $20 billion through 2040, and another for refined silver valued at up to an additional $10 billion through 2040. These long-term contracts enable the Mint to issue delivery orders for precious metals without further competition, ensuring a reliable and efficient supply chain for essential commodities.
Quick answers
Who was awarded contract 2031JG25F52204?
2031JG25F52204 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 13, 2024.
How much is contract 2031JG25F52204 worth?
The government has obligated $3,191,200 on 2031JG25F52204.
Is contract 2031JG25F52204 an order under another contract?
Yes. 2031JG25F52204 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52204 competed?
The extent of competition for 2031JG25F52204 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award