Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52206
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,131,480
Award facts
- Contract value 100% obligated
- $3,131,479.93 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, awarded to the prime contractor Asahi Refining USA Inc., a foreign-owned for-profit corporation, has a firm fixed-price ceiling value of $3,131,479.93 and a period of performance through November 22, 2024.
Asahi Refining USA Inc. has established itself as a critical supplier of precious metals to the United States Mint, including raw gold and refined silver bullion used in the production of circulating coins, commemorative issues, and bullion coins. This award is one of several large-scale contracts the company has received from the Mint, with individual orders ranging from approximately $800,000 to over $77 million.
The contract does not utilize any set-aside designations. Asahi Refining USA Inc. is the sole prime contractor, with no major subcontractors listed. This award is part of a larger indefinite delivery contract (IDV) valued at up to $20 billion that was awarded to Asahi Refining USA Inc. in 2020 for the provision of raw gold bullion through 2040, as well as a second IDV worth up to $10 billion for refined silver awarded in 2022.
Quick answers
Who was awarded contract 2031JG25F52206?
2031JG25F52206 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on November 13, 2024.
How much is contract 2031JG25F52206 worth?
The government has obligated $3,131,480 on 2031JG25F52206.
Is contract 2031JG25F52206 an order under another contract?
Yes. 2031JG25F52206 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52206 competed?
The extent of competition for 2031JG25F52206 was full and open competition.
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