Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52295
Awardee
Awarding agency
Obligated
$2,706,687

Award facts

Contract value 100% obligated
$2,706,687.44 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 $2.7 million to Asahi Refining USA Inc. for the supply of raw gold bullion on September 18, 2025. This firm fixed-price contract, with an ultimate completion date of September 26, 2025, is not set-aside designated and requires 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 listed. The delivery order is funded by the United States Mint, a bureau of the Department of the Treasury.

This contract represents a delivery order issued under one of two significant indefinite delivery contracts (IDVs) that Asahi Refining USA Inc. holds with the United States Mint. The first IDV, awarded in December 2020, provides a single-award contract valued up to $20 billion for raw gold bullion through 2040, enabling the Mint to efficiently procure essential precious metals without additional competitive processes. The raw gold bullion delivered under these contracts supports the Mint's coin production programs, including circulating coins, commemorative issues, and bullion coins. Asahi Refining USA Inc. has established itself as a critical supplier to the government through its specialized expertise in metal refining and ability to consistently meet the precise specifications required for U.S. coinage production.

Quick answers

Who was awarded contract 2031JG25F52295?

2031JG25F52295 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 18, 2025.

How much is contract 2031JG25F52295 worth?

The government has obligated $2,706,687 on 2031JG25F52295.

Is contract 2031JG25F52295 an order under another contract?

Yes. 2031JG25F52295 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52295 competed?

The extent of competition for 2031JG25F52295 was full and open competition.

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