Raw gold bullion

Ended Awarded

Contract number
2031JG25F52236
Awardee
Awarding agency
Obligated
$2,500,572

Award facts

Contract value 100% obligated
$2,500,572.02 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

Written by GovTribe AI ·

This is a federal contract award to Asahi Refining USA Inc., a foreign-owned, for-profit corporation, for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract, valued at $2,500,572.02, is a firm fixed-price delivery order with an ultimate completion date of May 9, 2025. The contract is not set aside for any specific program or designation. Asahi Refining USA Inc. has been awarded two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion for raw gold bullion and another for up to $10 billion for refined silver, both with ordering periods 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 2031JG25F52236?

2031JG25F52236 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 18, 2025.

How much is contract 2031JG25F52236 worth?

The government has obligated $2,500,572 on 2031JG25F52236.

Is contract 2031JG25F52236 an order under another contract?

Yes. 2031JG25F52236 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52236 competed?

The extent of competition for 2031JG25F52236 was full and open competition.

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