Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52292
Awardee
Awarding agency
Obligated
$2,632,225

Award facts

Contract value 100% obligated
$2,632,224.79 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

The United States Mint awarded a delivery order valued at $2.63 million to Asahi Refining USA Inc. for the supply of raw gold bullion, with an ultimate completion date of September 26, 2025. This firm fixed-price delivery order, issued on September 18, 2025, carries no set-aside designation and requires direct delivery to the Mint's facility in Salt Lake City, Utah. Asahi Refining USA Inc., a foreign-owned precious metals refining company, serves as the prime contractor with no major subcontractors identified on this award.

This delivery order is issued under one of two significant indefinite delivery contracts that the United States Mint established with Asahi Refining USA Inc.—specifically, a single-award IDV valued at up to $20 billion for raw gold bullion with an ordering period extending through 2040, which was originally awarded in December 2020. The raw gold bullion supplied through this delivery order supports the Mint's coin production programs, including circulating coins, commemorative issues, and bullion coins. The use of an IDV structure allows the Mint to issue delivery orders for critical precious metal commodities without additional competition, ensuring reliable and timely access to the high-quality materials necessary for U.S. coinage production.

Quick answers

Who was awarded contract 2031JG25F52292?

2031JG25F52292 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 18, 2025.

How much is contract 2031JG25F52292 worth?

The government has obligated $2,632,225 on 2031JG25F52292.

Is contract 2031JG25F52292 an order under another contract?

Yes. 2031JG25F52292 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52292 competed?

The extent of competition for 2031JG25F52292 was full and open competition.

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