Raw gold bullion

Ended Awarded

Contract number
2031JG25F52231
Awardee
Awarding agency
Obligated
$2,409,710

Award facts

Contract value 100% obligated
$2,409,710.27 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 federal contract award from the United States Mint, a bureau of the Department of the Treasury, is for the delivery of raw gold bullion to the agency's facility in Salt Lake City, Utah. The firm fixed-price contract, valued at $2,409,710.27, was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. This contract does not utilize any set-aside designations.

Asahi Refining USA Inc. serves as the prime contractor on this award, delivering the raw gold bullion directly to the Mint. The company also holds two significant indefinite delivery contracts (IDVs) with the United States Mint, one valued up to $20 billion for raw gold bullion through 2040, and another worth up to $10 billion for refined silver through 2040. These long-term contracts enable the Mint to efficiently 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 2031JG25F52231?

2031JG25F52231 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 2, 2025.

How much is contract 2031JG25F52231 worth?

The government has obligated $2,409,710 on 2031JG25F52231.

Is contract 2031JG25F52231 an order under another contract?

Yes. 2031JG25F52231 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52231 competed?

The extent of competition for 2031JG25F52231 was full and open competition.

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