Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52210
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,102,472
Award facts
- Contract value 100% obligated
- $2,102,471.76 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, with an ID of 2031JG21D00006|2031JG25F52210, is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract, which does not have a set-aside designation, is a firm fixed-price delivery order with a ceiling value of $2,102,471.76 and a period of performance ending on January 24, 2025. The prime contractor is Asahi Refining USA Inc., a foreign-owned, for-profit corporation that specializes in precious metal refining and bullion products. Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion for raw gold bullion through 2040 and another for up to $10 billion for refined silver through 2040. These long-term contracts enable the Mint to rapidly procure the necessary precious metals for its coin production programs, with Asahi Refining USA Inc. serving as a critical partner in maintaining the supply of raw materials.
Quick answers
Who was awarded contract 2031JG25F52210?
2031JG25F52210 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 15, 2025.
How much is contract 2031JG25F52210 worth?
The government has obligated $2,102,472 on 2031JG25F52210.
Is contract 2031JG25F52210 an order under another contract?
Yes. 2031JG25F52210 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52210 competed?
The extent of competition for 2031JG25F52210 was full and open competition.
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