Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52319
Awardee
Awarding agency
Obligated
$3,411,504

Award facts

Contract value 100% obligated
$3,411,503.72 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 United States Mint awarded a delivery order valued at $3.41 million to Asahi Refining USA Inc. for the supply of raw gold bullion. The contract, which carries a firm fixed-price structure with no set-aside designation, is scheduled for completion by January 12, 2026, and will be performed at 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 delivery order.

This delivery order is issued under one of two significant indefinite delivery/indefinite quantity (IDIQ) contracts that Asahi Refining USA holds with the United States Mint. The first IDIQ, a single-award contract valued at up to $20 billion and awarded in December 2020, covers raw gold bullion through 2040, while the second IDIQ, a multiple-award contract worth up to $10 billion awarded in March 2022, addresses refined silver through the same period. These long-term vehicles enable the Mint to procure precious metals without conducting additional competition, ensuring a reliable supply chain of high-quality materials essential for U.S. coin production, including circulating coins, commemorative issues, and bullion coins.

Quick answers

Who was awarded contract 2031JG26F52319?

2031JG26F52319 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on December 23, 2025.

How much is contract 2031JG26F52319 worth?

The government has obligated $3,411,504 on 2031JG26F52319.

Is contract 2031JG26F52319 an order under another contract?

Yes. 2031JG26F52319 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52319 competed?

The extent of competition for 2031JG26F52319 was full and open competition.

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