Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52340
Awardee
Awarding agency
Obligated
$3,458,844

Award facts

Contract value 100% obligated
$3,458,843.73 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 $3.46 million firm fixed-price delivery order to Asahi Refining USA Inc. on January 20, 2026, for the supply of raw gold bullion. This delivery order, which is not subject to a set-aside designation, is scheduled for completion by February 6, 2026, and will be performed at the Mint's facility in Salt Lake City, Utah. Asahi Refining USA Inc., a foreign-owned precious metals refiner with nearly 200 years of industry experience, operates facilities in Salt Lake City and Ottawa, Ontario, Canada, positioning it as a critical supplier within the federal government's precious metals procurement chain.

This delivery order is issued under Asahi Refining USA's primary indefinite delivery vehicle—a single-award contract valued at up to $20 billion for raw gold bullion that extends through December 2040 and was originally awarded in December 2020. This arrangement establishes Asahi Refining USA as the sole supplier of raw gold bullion to the Mint, enabling streamlined procurement without additional competitive solicitations. The company also holds a second indefinite delivery contract awarded in March 2022, valued at up to $10 billion for refined silver through 2040. Together, these two vehicles provide the Mint with a comprehensive $30 billion framework for acquiring essential precious metals to support coinage production, commemorative issues, and bullion coin programs over the next two decades.

Quick answers

Who was awarded contract 2031JG26F52340?

2031JG26F52340 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 20, 2026.

How much is contract 2031JG26F52340 worth?

The government has obligated $3,458,844 on 2031JG26F52340.

Is contract 2031JG26F52340 an order under another contract?

Yes. 2031JG26F52340 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52340 competed?

The extent of competition for 2031JG26F52340 was full and open competition.

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