Raw gold bullion

Ended Awarded

Contract number
2031JG25F52225
Awardee
Awarding agency
Obligated
$1,163,586

Award facts

Contract value 100% obligated
$1,163,585.69 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 firm fixed-price 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 corporation. The contract is for the delivery of raw gold bullion, with a ceiling value of $1,163,585.69 and a period of performance ending on April 4, 2025.

The contract is not set aside for any specific business type. Asahi Refining USA Inc. is the prime contractor and will be delivering the raw gold bullion directly to the Mint's facility in Salt Lake City, Utah. This contract is part of two larger indefinite delivery vehicles (IDVs) awarded to Asahi Refining USA Inc. by the United States Mint, one for up to $20 billion for raw gold bullion and another for up to $10 billion for refined silver, both with ordering periods through 2040. These long-term contracts enable the Mint to rapidly procure essential precious metals for its coin production programs without the need for further competition.

Quick answers

Who was awarded contract 2031JG25F52225?

2031JG25F52225 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 17, 2025.

How much is contract 2031JG25F52225 worth?

The government has obligated $1,163,586 on 2031JG25F52225.

Is contract 2031JG25F52225 an order under another contract?

Yes. 2031JG25F52225 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52225 competed?

The extent of competition for 2031JG25F52225 was full and open competition.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award