Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52289
Awardee
Awarding agency
Obligated
$3,972,196

Award facts

Contract value 100% obligated
$3,972,196.41 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 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 $3,972,196.41, is a delivery order awarded to Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metal refining and bullion products.

The contract has an ultimate completion date of September 26, 2025 and is structured as a firm fixed-price delivery order. Asahi Refining USA Inc. is 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.

This contract is part of two larger indefinite delivery vehicles (IDVs) awarded to Asahi Refining USA Inc. in 2020 and 2022, valued at up to $20 billion for raw gold bullion and $10 billion for refined silver, respectively. 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 2031JG25F52289?

2031JG25F52289 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 18, 2025.

How much is contract 2031JG25F52289 worth?

The government has obligated $3,972,196 on 2031JG25F52289.

Is contract 2031JG25F52289 an order under another contract?

Yes. 2031JG25F52289 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52289 competed?

The extent of competition for 2031JG25F52289 was full and open competition.

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