Raw gold bullion

Ended Awarded

Contract number
2031JG25F52237
Awardee
Awarding agency
Obligated
$2,496,490

Award facts

Contract value 100% obligated
$2,496,489.88 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 is a federal contract award issued by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc. for the delivery of raw gold bullion. The contract, valued at $2,496,489.88, is a firm fixed-price delivery order with a completion date of May 9, 2025. Asahi Refining USA Inc., a foreign-owned for-profit corporation specializing in precious metal refining, is the prime contractor with no major subcontractors. This award is part of two larger indefinite delivery contracts (IDVs) held by Asahi Refining USA Inc. with the United States Mint, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, respectively. These long-term IDVs enable the Mint to rapidly procure essential precious metal raw materials to support its ongoing coin production programs. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG25F52237?

2031JG25F52237 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 18, 2025.

How much is contract 2031JG25F52237 worth?

The government has obligated $2,496,490 on 2031JG25F52237.

Is contract 2031JG25F52237 an order under another contract?

Yes. 2031JG25F52237 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52237 competed?

The extent of competition for 2031JG25F52237 was full and open competition.

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