Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52211
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,122,571
Award facts
- Contract value 100% obligated
- $2,122,571.18 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 is a federal delivery order contract awarded by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract has a ceiling value of $2,122,571.18 and is structured as a firm fixed-price delivery order, with an ultimate completion date of January 24, 2025. This contract award is not associated with any set-aside designation.
Asahi Refining USA Inc. serves as the prime contractor, without any major subcontractors, and has established itself as a critical supplier of raw gold and refined silver bullion to the United States Mint. The contract is part of two larger indefinite delivery contracts (IDVs) awarded to Asahi Refining USA Inc. by the Mint, 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 issue delivery orders for precious metals without further competition, ensuring a reliable and efficient supply chain for essential commodities required for the Mint's coin production programs.
Quick answers
Who was awarded contract 2031JG25F52211?
2031JG25F52211 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 15, 2025.
How much is contract 2031JG25F52211 worth?
The government has obligated $2,122,571 on 2031JG25F52211.
Is contract 2031JG25F52211 an order under another contract?
Yes. 2031JG25F52211 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52211 competed?
The extent of competition for 2031JG25F52211 was full and open competition.
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