Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52208
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,052,556
Award facts
- Contract value 100% obligated
- $1,052,555.92 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 prime contractor, Asahi Refining USA Inc., is a foreign-owned for-profit corporation that specializes in precious metal refining and has established itself as a critical partner in the Mint's supply chain for U.S. coinage production.
The contract, valued at $1,052,555.92, is a firm fixed-price delivery order with a completion date of December 27, 2024. This award is not set-aside and is associated with two larger indefinite delivery contracts (IDVs) that Asahi Refining USA holds with the United States Mint. The first IDV, awarded in December 2020, is a single-award vehicle valued at up to $20 billion for the provision of raw gold bullion through 2040. The second IDV, awarded in March 2022, is a multiple-award vehicle worth up to an additional $10 billion for refined silver, also with an ordering period through 2040. These long-term contracts enable the Mint to rapidly procure the necessary precious metals for its coin production programs.
Quick answers
Who was awarded contract 2031JG25F52208?
2031JG25F52208 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on December 17, 2024.
How much is contract 2031JG25F52208 worth?
The government has obligated $1,052,556 on 2031JG25F52208.
Is contract 2031JG25F52208 an order under another contract?
Yes. 2031JG25F52208 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52208 competed?
The extent of competition for 2031JG25F52208 was full and open competition.
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