Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52230
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,525,411
Award facts
- Contract value 100% obligated
- $2,525,410.86 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 prime contractor is Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. The contract is a delivery order with a firm fixed price of $2,525,410.86 and an ultimate completion date of April 18, 2025.
Asahi Refining USA Inc. has also been awarded two significant indefinite delivery contracts (IDVs) with the United States Mint, one valued at up to $20 billion for the provision of raw gold bullion through 2040, and another worth up to $10 billion for refined silver, also with an ordering period 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. This contract does not utilize any set-aside designations.
Quick answers
Who was awarded contract 2031JG25F52230?
2031JG25F52230 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 2, 2025.
How much is contract 2031JG25F52230 worth?
The government has obligated $2,525,411 on 2031JG25F52230.
Is contract 2031JG25F52230 an order under another contract?
Yes. 2031JG25F52230 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52230 competed?
The extent of competition for 2031JG25F52230 was full and open competition.
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