Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG25F52298
Awardee
Awarding agency
Obligated
$2,726,302

Award facts

Contract value 100% obligated
$2,726,301.98 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 delivery order, awarded on September 23, 2025, represents a $2.73 million commitment by the United States Mint to procure raw gold bullion from Asahi Refining USA Inc., a specialized precious metals refiner with significant federal contracting experience. The firm fixed-price delivery order, with completion targeted for September 30, 2025, supports the Mint's ongoing production of circulating coins, commemorative issues, and bullion coins. The contract does not utilize a set-aside designation and specifies Salt Lake City, Utah as the place of performance, where the Mint maintains facilities for receiving and processing precious metals essential to its coinage operations.

This delivery order is issued under one of two substantial indefinite delivery contracts (IDCs) that Asahi Refining USA holds with the United States Mint—specifically, the December 2020 single-award IDC valued at up to $20 billion for raw gold bullion with an ordering period extending through 2040. Under such vehicle agreements, the Mint can rapidly issue delivery orders for required materials without additional competition, ensuring operational efficiency and supply chain reliability. Asahi Refining USA serves as the prime contractor with no major subcontractors identified, and the United States Mint, a bureau of the Department of the Treasury, functions as both the funding and procuring agency.

Quick answers

Who was awarded contract 2031JG25F52298?

2031JG25F52298 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on September 23, 2025.

How much is contract 2031JG25F52298 worth?

The government has obligated $2,726,302 on 2031JG25F52298.

Is contract 2031JG25F52298 an order under another contract?

Yes. 2031JG25F52298 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG25F52298 competed?

The extent of competition for 2031JG25F52298 was full and open competition.

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