Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52247
Awardee
Awarding agency
Obligated
$4,208,679

Award facts

Contract value 100% obligated
$4,208,679.27 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 federal contract award was made by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. The award, valued at $4,208,679.27, is a delivery order contract for the provision of raw gold bullion to support the Mint's ongoing coin production programs. The contract does not have a set-aside designation.

Asahi Refining USA Inc. serves as the prime contractor, with no major subcontractors mentioned. The company has two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion for raw gold bullion through 2040, and another for up to $10 billion for refined silver 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 manufacturing of U.S. circulating coins, commemorative issues, and bullion coins.

Quick answers

Who was awarded contract 2031JG25F52247?

2031JG25F52247 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on May 12, 2025.

How much is contract 2031JG25F52247 worth?

The government has obligated $4,208,679 on 2031JG25F52247.

Is contract 2031JG25F52247 an order under another contract?

Yes. 2031JG25F52247 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52247 competed?

The extent of competition for 2031JG25F52247 was full and open competition.

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