Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52304
Awardee
Awarding agency
Obligated
$4,972,031

Award facts

Contract value 100% obligated
$4,972,030.78 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 federal contract award to Asahi Refining USA Inc., a foreign-owned for-profit corporation, by the United States Mint, a bureau of the Department of the Treasury. The contract is for the delivery of raw gold bullion to the Mint's facility in Salt Lake City, Utah. The contract is a firm fixed-price delivery order with a ceiling value of $4,972,030.78 and a completion date of October 31, 2025.

Asahi Refining USA Inc. has been awarded two significant indefinite delivery contracts (IDVs) with the United States Mint, one for up to $20 billion in raw gold bullion through 2040 and another for up to $10 billion in refined silver through 2040. These long-term contracts enable the Mint to rapidly issue delivery orders for precious metals without further competition, ensuring a reliable and efficient supply chain for the essential commodities used in U.S. coin production. The contract does not utilize any set-aside designations.

Quick answers

Who was awarded contract 2031JG26F52304?

2031JG26F52304 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 15, 2025.

How much is contract 2031JG26F52304 worth?

The government has obligated $4,972,031 on 2031JG26F52304.

Is contract 2031JG26F52304 an order under another contract?

Yes. 2031JG26F52304 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52304 competed?

The extent of competition for 2031JG26F52304 was full and open competition.

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