Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52228
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,454,585
Award facts
- Contract value 100% obligated
- $2,454,585.17 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., a foreign-owned for-profit corporation, provides raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract, with a ceiling value of $2,454,585.17, is a firm fixed-price delivery order without any set-aside designation. Asahi Refining USA Inc. serves as the prime contractor, delivering the raw gold bullion directly to the Mint's facility in Salt Lake City, Utah.
Asahi Refining USA Inc. holds two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion in raw gold bullion through 2040 and another for up to $10 billion in refined silver through 2040. These long-term IDVs 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 2031JG25F52228?
2031JG25F52228 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 18, 2025.
How much is contract 2031JG25F52228 worth?
The government has obligated $2,454,585 on 2031JG25F52228.
Is contract 2031JG25F52228 an order under another contract?
Yes. 2031JG25F52228 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52228 competed?
The extent of competition for 2031JG25F52228 was full and open competition.
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