Raw gold bullion
Ended Awarded
- Contract number
- 2031JG25F52238
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,502,302
Award facts
- Contract value 100% obligated
- $2,502,301.78 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 to Asahi Refining USA Inc. is for the provision of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The award, with a ceiling value of $2,502,301.78, is a delivery order issued under an indefinite delivery vehicle (IDV) contract valued at up to $20 billion for raw gold bullion. The IDV, awarded in December 2020, enables the Mint to rapidly procure precious metals without further competition, ensuring a reliable and efficient supply chain for essential raw materials used in the production of U.S. circulating coins, commemorative issues, and bullion coins. The contract is structured as a firm fixed-price delivery order with no set-aside designation. Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining, is the prime contractor on this award. The contract involves the direct delivery of refined gold bullion to the Mint's facility in Salt Lake City, Utah.
Quick answers
Who was awarded contract 2031JG25F52238?
2031JG25F52238 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 18, 2025.
How much is contract 2031JG25F52238 worth?
The government has obligated $2,502,302 on 2031JG25F52238.
Is contract 2031JG25F52238 an order under another contract?
Yes. 2031JG25F52238 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52238 competed?
The extent of competition for 2031JG25F52238 was full and open competition.
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