Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52214
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,193,090
Award facts
- Contract value 100% obligated
- $2,193,090.43 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, valued at $2,193,090.43, is a firm fixed-price delivery order under two indefinite delivery vehicles (IDVs) held by the prime contractor, Asahi Refining USA Inc. The first IDV is a single-award contract valued at up to $20 billion for the provision of raw gold bullion through 2040, while the second is a multiple-award contract worth up to $10 billion for refined silver through 2040. These long-term IDVs enable the Mint to rapidly procure essential precious metals for its coin production programs without further competition. The contract does not utilize any set-aside designations and is focused on delivering raw gold bullion directly to the Mint's facility in Salt Lake City, Utah. Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products, serves as the prime contractor without any major subcontractors.
Quick answers
Who was awarded contract 2031JG25F52214?
2031JG25F52214 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 18, 2025.
How much is contract 2031JG25F52214 worth?
The government has obligated $2,193,090 on 2031JG25F52214.
Is contract 2031JG25F52214 an order under another contract?
Yes. 2031JG25F52214 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52214 competed?
The extent of competition for 2031JG25F52214 was full and open competition.
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