Raw gold bullion

Ended Awarded

Contract number
2031JG25F52223
Awardee
Awarding agency
Obligated
$2,337,193

Award facts

Contract value 100% obligated
$2,337,192.63 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 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 single-award indefinite delivery vehicle (IDV) is valued at up to $20 billion and was originally awarded in December 2020. It has an ordering period through 2040, allowing the Mint to rapidly procure the necessary precious metals for its coin production programs without further competition.

The specific contract award, valued at $2,337,192.63, is a delivery order issued under this IDV. It does not utilize any set-aside designations. Asahi Refining USA Inc., a foreign-owned for-profit corporation, is the prime contractor and will deliver the raw gold bullion directly to the Mint's facility in Salt Lake City, Utah. The firm fixed-price contract has an ultimate completion date of April 4, 2025.

Quick answers

Who was awarded contract 2031JG25F52223?

2031JG25F52223 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 17, 2025.

How much is contract 2031JG25F52223 worth?

The government has obligated $2,337,193 on 2031JG25F52223.

Is contract 2031JG25F52223 an order under another contract?

Yes. 2031JG25F52223 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52223 competed?

The extent of competition for 2031JG25F52223 was full and open competition.

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