Raw gold bullion

Ended Awarded

Contract number
2031JG25F52218
Awardee
Awarding agency
Obligated
$3,548,026

Award facts

Contract value 100% obligated
$3,548,025.82 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 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 company specializing in precious metal refining and bullion products. The contract, valued at $3,548,025.82, is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract is structured as a firm fixed-price delivery order, without any set-aside designation.

Asahi Refining USA Inc. serves as the prime contractor, delivering the raw gold bullion directly to the Mint. This contract is part of two larger indefinite delivery contracts (IDVs) awarded to Asahi Refining USA Inc. by the United States Mint - one for up to $20 billion in raw gold bullion through 2040, and another for up to $10 billion in refined silver bullion 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. providing a reliable and efficient supply chain for these critical commodities.

Quick answers

Who was awarded contract 2031JG25F52218?

2031JG25F52218 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 25, 2025.

How much is contract 2031JG25F52218 worth?

The government has obligated $3,548,026 on 2031JG25F52218.

Is contract 2031JG25F52218 an order under another contract?

Yes. 2031JG25F52218 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52218 competed?

The extent of competition for 2031JG25F52218 was full and open competition.

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