Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52259
Awardee
Awarding agency
Obligated
$2,723,493

Award facts

Contract value 100% obligated
$2,723,492.54 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 issued 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 contract is for the delivery of raw gold bullion to support the Mint's ongoing coin production programs, including circulating coins, commemorative issues, and bullion coins.

The contract, valued at $2,723,492.54, is structured as a delivery order under two larger indefinite delivery contracts (IDCs) held by Asahi Refining with the United States Mint. The first IDC, awarded in 2020, is a single-award contract valued at up to $20 billion for raw gold bullion through 2040. The second IDC, awarded in 2022, is a multiple-award contract worth 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. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG25F52259?

2031JG25F52259 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on June 5, 2025.

How much is contract 2031JG25F52259 worth?

The government has obligated $2,723,493 on 2031JG25F52259.

Is contract 2031JG25F52259 an order under another contract?

Yes. 2031JG25F52259 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52259 competed?

The extent of competition for 2031JG25F52259 was full and open competition.

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