Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F52310
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,405,290
Award facts
- Contract value 100% obligated
- $3,405,290.07 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $125,427 | |
| Original award | $3,279,863 |
About this award
The United States Mint awarded a delivery order valued at $3.41 million to Asahi Refining USA Inc. for raw gold bullion, effective October 30, 2025, with completion targeted for October 31, 2025. This modification corrects line item pricing on the underlying delivery order. The contract utilizes a firm fixed-price structure with no set-aside designation and specifies Salt Lake City, Utah as the place of performance. Asahi Refining USA Inc., a foreign-owned precious metals refining company, serves as the prime contractor with no identified major subcontractors.
This delivery order is issued under one of two significant indefinite delivery contracts (IDCs) that Asahi Refining USA Inc. holds with the United States Mint. The first IDC, a single-award contract established in December 2020, provides up to $20 billion in raw gold bullion through 2040. The second IDC, a multiple-award contract from March 2022, provides up to $10 billion for refined silver through 2040. These long-term IDCs enable the Mint to procure precious metals efficiently without additional competition, supporting the agency's critical coin production programs. Asahi Refining USA Inc. has become an essential supplier in the federal precious metals supply chain, consistently delivering materials meeting the exacting specifications required for circulating coins, commemorative issues, and bullion products.
Quick answers
Who was awarded contract 2031JG26F52310?
2031JG26F52310 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 30, 2025.
How much is contract 2031JG26F52310 worth?
The government has obligated $3,405,290 on 2031JG26F52310.
Is contract 2031JG26F52310 an order under another contract?
Yes. 2031JG26F52310 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52310 competed?
The extent of competition for 2031JG26F52310 was full and open competition.
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