Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52314
Awardee
Awarding agency
Obligated
$3,213,791

Award facts

Contract value 100% obligated
$3,213,790.88 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

The U.S. Mint awarded a delivery order valued at $3.21 million to Asahi Refining USA Inc. for the supply of raw gold bullion, with a completion date of November 21, 2025. This firm fixed-price delivery order, issued on October 28, 2025, does not utilize a set-aside designation and represents direct procurement of precious metals essential for the Mint's coin production programs. The materials will be delivered 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 (IDVs) that Asahi Refining USA Inc. holds with the United States Mint. The underlying IDV for raw gold bullion, awarded in December 2020 as a single-award contract, carries a ceiling value of up to $20 billion through 2040, enabling the Mint to rapidly issue delivery orders for gold without conducting additional competitive solicitations. Through these long-term agreements, Asahi Refining USA Inc. functions as a critical supplier within the Mint's precious metals supply chain, ensuring reliable access to refined commodities required for the production of circulating coins, commemorative issues, and bullion coins.

Quick answers

Who was awarded contract 2031JG26F52314?

2031JG26F52314 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on October 28, 2025.

How much is contract 2031JG26F52314 worth?

The government has obligated $3,213,791 on 2031JG26F52314.

Is contract 2031JG26F52314 an order under another contract?

Yes. 2031JG26F52314 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52314 competed?

The extent of competition for 2031JG26F52314 was full and open competition.

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