Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F52242
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,097,328
Award facts
- Contract value 100% obligated
- $4,097,327.90 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 is for the delivery of raw gold bullion to the United States Mint, a bureau of the Department of the Treasury. The contract, valued at $4,097,327.90, was awarded to Asahi Refining USA Inc., a foreign-owned, for-profit company specializing in precious metal refining and bullion products.
The contract is a delivery order under two indefinite delivery contracts (IDVs) previously awarded to Asahi Refining by the United States Mint. The first IDV, valued at up to $20 billion, is for the provision of raw gold bullion through 2040. The second IDV, worth up to $10 billion, is for refined silver through 2040. These long-term contracts enable the Mint to rapidly procure precious metals as needed to support its ongoing coin production programs.
The current delivery order has a firm fixed-price pricing type and an ultimate completion date of May 16, 2025. It does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG25F52242?
2031JG25F52242 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 28, 2025.
How much is contract 2031JG25F52242 worth?
The government has obligated $4,097,328 on 2031JG25F52242.
Is contract 2031JG25F52242 an order under another contract?
Yes. 2031JG25F52242 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52242 competed?
The extent of competition for 2031JG25F52242 was full and open competition.
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