Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52271
Awardee
Awarding agency
Obligated
$3,813,802

Award facts

Contract value 100% obligated
$3,813,802.41 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 to the United States Mint, a bureau of the Department of the Treasury. The prime contractor is Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products. The contract is a Delivery Order with a Firm Fixed Price pricing type, valued at $3,813,802.41. The award does not utilize a set-aside designation.

Asahi Refining USA Inc. has established itself as a critical supplier of essential raw materials for U.S. coin manufacturing through multiple federal contracts. The company holds two significant indefinite delivery contracts (IDVs) with 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 contracts enable the Mint to rapidly procure precious metals without further competition, ensuring a reliable and efficient supply chain for essential commodities used in coin production.

Quick answers

Who was awarded contract 2031JG25F52271?

2031JG25F52271 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 4, 2025.

How much is contract 2031JG25F52271 worth?

The government has obligated $3,813,802 on 2031JG25F52271.

Is contract 2031JG25F52271 an order under another contract?

Yes. 2031JG25F52271 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52271 competed?

The extent of competition for 2031JG25F52271 was full and open competition.

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