Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52281
Awardee
Awarding agency
Obligated
$2,748,560

Award facts

Contract value 100% obligated
$2,748,559.55 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 specializing in precious metal refining and bullion products. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract has a total ceiling value of $2,748,559.55 and an ultimate completion date of September 15, 2025. This delivery order is part of two larger indefinite delivery contracts (IDCs) that Asahi Refining USA Inc. holds with the United States Mint, one valued at up to $20 billion for raw gold bullion and another valued at up to $10 billion for refined silver, both with ordering periods 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 2031JG25F52281?

2031JG25F52281 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 8, 2025.

How much is contract 2031JG25F52281 worth?

The government has obligated $2,748,560 on 2031JG25F52281.

Is contract 2031JG25F52281 an order under another contract?

Yes. 2031JG25F52281 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52281 competed?

The extent of competition for 2031JG25F52281 was full and open competition.

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