Raw gold bullion

Ended Awarded

Contract number
2031JG25F52226
Awardee
Awarding agency
Obligated
$2,468,082

Award facts

Contract value 100% obligated
$2,468,081.51 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 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 specializing in precious metal refining and bullion products. The contract, valued at $2,468,081.51, is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract does not utilize any set-aside designations.

Asahi Refining USA Inc. serves as the prime contractor without any major subcontractors. This delivery order contract is part of two larger indefinite delivery vehicles (IDVs) held by Asahi Refining USA Inc. with the United States Mint, one valued at up to $20 billion for raw gold bullion through 2040, and another valued at up to $10 billion for refined silver through 2040. These long-term contracts enable the Mint to rapidly procure the necessary precious metals for its 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 2031JG25F52226?

2031JG25F52226 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 18, 2025.

How much is contract 2031JG25F52226 worth?

The government has obligated $2,468,082 on 2031JG25F52226.

Is contract 2031JG25F52226 an order under another contract?

Yes. 2031JG25F52226 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52226 competed?

The extent of competition for 2031JG25F52226 was full and open competition.

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