Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52262
Awardee
Awarding agency
Obligated
$2,660,143

Award facts

Contract value 100% obligated
$2,660,143.13 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 is for the delivery of raw gold bullion and mint-ready gold bullion to the United States Mint, a bureau of the Department of the Treasury. The award, valued at $2,660,143.13, was granted to Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products.

The contract is structured as a delivery order under two larger indefinite delivery vehicles (IDVs) held by Asahi Refining USA Inc. with the United States Mint. The first IDV, valued at up to $20 billion, is for raw gold bullion through 2040, while 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 without further competition, ensuring a reliable supply chain for essential commodities used in coin production.

The current delivery order has a firm fixed-price pricing type and a completion date of July 31, 2025. It does not utilize a set-aside designation. Asahi Refining USA Inc. serves as the prime contractor, with no major subcontractors listed. The United States Mint is the sole funding agency for this award, which supports the agency's coin production programs, including circulating coins, commemorative issues, and bullion coins.

Quick answers

Who was awarded contract 2031JG25F52262?

2031JG25F52262 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on July 14, 2025.

How much is contract 2031JG25F52262 worth?

The government has obligated $2,660,143 on 2031JG25F52262.

Is contract 2031JG25F52262 an order under another contract?

Yes. 2031JG25F52262 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52262 competed?

The extent of competition for 2031JG25F52262 was full and open competition.

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