Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52229
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,534,944
Award facts
- Contract value 100% obligated
- $2,534,944.35 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 is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. The contract has a ceiling value of $2,534,944.35 and is structured as a firm fixed-price delivery order. It does not utilize any set-aside designations.
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. The contract is part of two larger indefinite delivery vehicles (IDVs) awarded to Asahi Refining USA Inc. by the United States Mint, one valued at up to $20 billion for raw gold bullion and another valued at up to $10 billion for refined silver, both with ordering periods 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. playing a critical role in maintaining the supply of raw materials.
Quick answers
Who was awarded contract 2031JG25F52229?
2031JG25F52229 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 2, 2025.
How much is contract 2031JG25F52229 worth?
The government has obligated $2,534,944 on 2031JG25F52229.
Is contract 2031JG25F52229 an order under another contract?
Yes. 2031JG25F52229 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52229 competed?
The extent of competition for 2031JG25F52229 was full and open competition.
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