Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52216
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,279,355
Award facts
- Contract value 100% obligated
- $2,279,354.74 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., a foreign-owned for-profit organization, has been awarded a Firm Fixed Price Delivery Order contract valued at $2,279,354.74 with a completion date of February 28, 2025. The contract is not set aside for any specific business type.
Asahi Refining USA Inc. has two significant Indefinite Delivery Vehicles (IDVs) with the United States Mint, one valued at up to $20 billion for raw gold bullion through 2040, and another valued at up to $10 billion for refined silver through 2040. These long-term contracts allow the Mint to rapidly procure 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 2031JG25F52216?
2031JG25F52216 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 18, 2025.
How much is contract 2031JG25F52216 worth?
The government has obligated $2,279,355 on 2031JG25F52216.
Is contract 2031JG25F52216 an order under another contract?
Yes. 2031JG25F52216 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52216 competed?
The extent of competition for 2031JG25F52216 was full and open competition.
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