Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52235
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,509,519
Award facts
- Contract value 100% obligated
- $2,509,518.92 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 is a federal contract award to Asahi Refining USA Inc., a foreign-owned, for-profit corporation, to provide raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract has a ceiling value of $2,509,518.92 and is structured as a delivery order under an Indefinite Delivery Vehicle (IDV) contract awarded to Asahi Refining in 2020 and 2022, worth up to $20 billion and $10 billion respectively. These long-term IDV 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. The contract has no set-aside designation and Asahi Refining is the prime contractor, with no major subcontractors referenced.
Quick answers
Who was awarded contract 2031JG25F52235?
2031JG25F52235 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 18, 2025.
How much is contract 2031JG25F52235 worth?
The government has obligated $2,509,519 on 2031JG25F52235.
Is contract 2031JG25F52235 an order under another contract?
Yes. 2031JG25F52235 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52235 competed?
The extent of competition for 2031JG25F52235 was full and open competition.
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