Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52232
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,821,323
Award facts
- Contract value 100% obligated
- $3,821,323.38 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, valued at $3,821,323.38, was issued by the United States Mint to Asahi Refining USA Inc. for the delivery of raw gold bullion. The contract is a firm fixed-price delivery order that supports the Mint's ongoing coin production programs. Asahi Refining USA Inc. is the prime contractor and there are no major subcontractors. This contract award is not associated with any set-aside designation.
Asahi Refining USA Inc. is a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. The company has 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 contracts enable the Mint to rapidly procure precious metals without further competition, ensuring a reliable and efficient supply chain for essential commodities used in the production of U.S. circulating coins, commemorative issues, and bullion coins.
Quick answers
Who was awarded contract 2031JG25F52232?
2031JG25F52232 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 18, 2025.
How much is contract 2031JG25F52232 worth?
The government has obligated $3,821,323 on 2031JG25F52232.
Is contract 2031JG25F52232 an order under another contract?
Yes. 2031JG25F52232 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52232 competed?
The extent of competition for 2031JG25F52232 was full and open competition.
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