Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG25F52275
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,059,689
Award facts
- Contract value 100% obligated
- $4,059,689.28 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 contract, valued at $4,059,689.28, was awarded 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, with a firm fixed-price pricing type, and does not utilize any set-aside designations. Asahi Refining USA Inc. serves as the prime contractor, with no major subcontractors listed. The contract has an ultimate completion date of October 10, 2025, and was awarded on September 4, 2025.
Asahi Refining USA Inc. 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 2031JG25F52275?
2031JG25F52275 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 4, 2025.
How much is contract 2031JG25F52275 worth?
The government has obligated $4,059,689 on 2031JG25F52275.
Is contract 2031JG25F52275 an order under another contract?
Yes. 2031JG25F52275 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG25F52275 competed?
The extent of competition for 2031JG25F52275 was full and open competition.
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