Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52221
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,298,660
Award facts
- Contract value 100% obligated
- $2,298,659.78 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
The U.S. Government awarded a firm fixed-price delivery order contract to Asahi Refining USA Inc., a foreign-owned for-profit corporation, for the delivery of raw gold bullion to the United States Mint. The contract, valued at $2,298,659.78, has an ultimate completion date of April 4, 2025.
This delivery order is part of two larger indefinite delivery contracts (IDCs) previously awarded to Asahi Refining USA Inc. by the United States Mint. The first IDC, awarded in December 2020, is a single-award vehicle valued at up to $20 billion for the provision of raw gold bullion through 2040. The second IDC, awarded in March 2022, is a multiple-award vehicle worth up to $10 billion for refined silver, also with an ordering period through 2040. These long-term contracts allow the Mint to rapidly procure precious metals for its coin production programs without further competition, with Asahi Refining USA Inc. serving as a critical supplier.
The contract does not utilize any set-aside designations. Asahi Refining USA Inc. is the prime contractor, and there are no major subcontractors mentioned. The United States Mint, a bureau of the Department of the Treasury, is the funding agency for this contract award.
Quick answers
Who was awarded contract 2031JG25F52221?
2031JG25F52221 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 13, 2025.
How much is contract 2031JG25F52221 worth?
The government has obligated $2,298,660 on 2031JG25F52221.
Is contract 2031JG25F52221 an order under another contract?
Yes. 2031JG25F52221 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52221 competed?
The extent of competition for 2031JG25F52221 was full and open competition.
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