Raw gold bullion

Ended Awarded

Contract number
2031JG25F52215
Awardee
Awarding agency
Obligated
$2,242,251

Award facts

Contract value 100% obligated
$2,242,251.16 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
331491 Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding
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 contract award to Asahi Refining USA Inc., a foreign-owned, for-profit corporation, to provide raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract, valued at $2,242,251.16, is a firm fixed-price delivery order with a completion date of February 28, 2025.

Asahi Refining USA Inc. is the prime contractor and no set-aside designation was used. This award is associated with two larger indefinite delivery vehicles (IDVs) previously awarded to Asahi Refining USA Inc. by the United States Mint - a single-award IDV valued at up to $20 billion for raw gold bullion through 2040, and a multiple-award IDV worth up to $10 billion for refined silver, also through 2040. These long-term contracts enable the Mint to rapidly procure essential precious metals for its coin production programs, with Asahi Refining USA Inc. serving as a critical supplier of raw materials.

Quick answers

Who was awarded contract 2031JG25F52215?

2031JG25F52215 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 18, 2025.

How much is contract 2031JG25F52215 worth?

The government has obligated $2,242,251 on 2031JG25F52215.

Is contract 2031JG25F52215 an order under another contract?

Yes. 2031JG25F52215 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52215 competed?

The extent of competition for 2031JG25F52215 was full and open competition.

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