Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52248
Awardee
Awarding agency
Obligated
$4,228,366

Award facts

Contract value 100% obligated
$4,228,365.79 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 firm fixed-price delivery order contract awarded by the United States Mint, a bureau of the Department of the Treasury, to Asahi Refining USA Inc., a foreign-owned for-profit corporation. The contract is for the provision of raw gold bullion, with a ceiling value of $4,228,365.79 and a period of performance through May 23, 2025.

Asahi Refining USA Inc. is the prime contractor and has not subcontracted any major portions of the work. This delivery order is part of two larger indefinite delivery contracts (IDVs) the company has been awarded by the United States Mint, one for up to $20 billion in raw gold bullion through 2040, and another for up to $10 billion in refined silver through 2040. These long-term IDVs allow the Mint to rapidly procure precious metals as needed to support its ongoing coin production programs, including the manufacture of circulating coins, commemorative issues, and bullion coins. This specific delivery order does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG25F52248?

2031JG25F52248 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on May 12, 2025.

How much is contract 2031JG25F52248 worth?

The government has obligated $4,228,366 on 2031JG25F52248.

Is contract 2031JG25F52248 an order under another contract?

Yes. 2031JG25F52248 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52248 competed?

The extent of competition for 2031JG25F52248 was full and open competition.

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