Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52338
Awardee
Awarding agency
Obligated
$3,383,684

Award facts

Contract value 100% obligated
$3,383,683.97 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

The United States Mint awarded a delivery order valued at approximately $3.4 million to Asahi Refining USA Inc. for the provision of raw gold bullion, with an ultimate completion date of February 6, 2026. The contract is structured as a firm fixed-price delivery order with no set-aside designation, and performance will take place in Salt Lake City, Utah. Asahi Refining USA, a foreign-owned precious metals supplier with nearly 200 years of industry experience, operates facilities in both Salt Lake City and Ottawa, Ontario, Canada, and serves as the prime contractor with no identified subcontractors on this award.

This delivery order is issued under one of two significant indefinite delivery/indefinite quantity (IDIQ) vehicles that Asahi Refining USA holds with the United States Mint, both extending through December 2040. The primary IDIQ, a single-award contract valued at up to $20 billion, establishes Asahi Refining USA as the sole supplier of raw gold bullion to the Mint and was originally awarded in December 2020. The raw gold bullion supplied through this and related delivery orders supports the Mint's production of circulating coins, commemorative issues, and bullion coins. These long-term IDIQ vehicles, with a combined potential value of $30 billion, provide the Treasury Department's Mint bureau with a streamlined acquisition framework for securing essential precious metals to sustain U.S. coinage production operations.

Quick answers

Who was awarded contract 2031JG26F52338?

2031JG26F52338 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 20, 2026.

How much is contract 2031JG26F52338 worth?

The government has obligated $3,383,684 on 2031JG26F52338.

Is contract 2031JG26F52338 an order under another contract?

Yes. 2031JG26F52338 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52338 competed?

The extent of competition for 2031JG26F52338 was full and open competition.

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