Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52220
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $1,253,331
Award facts
- Contract value 100% obligated
- $1,253,331.43 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 to Asahi Refining USA Inc. 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 $1,253,331.43, is a firm fixed-price delivery order and does not utilize any set-aside designation. Asahi Refining USA Inc. is the prime contractor, without any major subcontractors.
The contract is part of two larger indefinite delivery vehicles (IDVs) awarded to Asahi Refining USA Inc. by the United States Mint. The first IDV, valued at up to $20 billion, was awarded in December 2020 for the provision of raw gold bullion through 2040. The second IDV, worth up to $10 billion, was awarded in March 2022 for the supply of refined silver through 2040. These long-term contracts enable the Mint to rapidly procure the necessary precious metals for its ongoing 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 2031JG25F52220?
2031JG25F52220 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 13, 2025.
How much is contract 2031JG25F52220 worth?
The government has obligated $1,253,331 on 2031JG25F52220.
Is contract 2031JG25F52220 an order under another contract?
Yes. 2031JG25F52220 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52220 competed?
The extent of competition for 2031JG25F52220 was full and open competition.
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