Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52341
Awardee
Awarding agency
Obligated
$3,537,808

Award facts

Contract value 100% obligated
$3,537,808.33 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 U.S. Mint awarded a firm fixed-price delivery order valued at $3.54 million to Asahi Refining USA Inc. for the provision of raw gold bullion. The delivery order, issued on January 20, 2026, with an ultimate completion date of February 6, 2026, will be performed in Salt Lake City, Utah. This award carries no set-aside designation, positioning Asahi Refining USA as a competitive, unrestricted supplier. The contract is issued under a larger indefinite delivery vehicle—a single-award, $20 billion indefinite delivery contract originally awarded in December 2020 that establishes Asahi Refining USA as the sole supplier of raw gold bullion to the Mint through December 2040.

Asahi Refining USA Inc., a foreign-owned precious metals refining company with facilities in Salt Lake City and Ottawa, Canada, serves as a critical supplier within the federal government's precious metals supply chain. The raw gold bullion procured through this delivery order supports the Mint's production of circulating coins, commemorative issues, and bullion coins. Asahi Refining USA operates exclusively as a prime contractor with no identified major subcontractors. The company also holds a second indefinite delivery contract valued at up to $10 billion for refined silver through 2040, giving the two IDVs a combined potential value of $30 billion and establishing Asahi Refining USA as the Mint's preferred long-term supplier of essential precious metals.

Quick answers

Who was awarded contract 2031JG26F52341?

2031JG26F52341 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 20, 2026.

How much is contract 2031JG26F52341 worth?

The government has obligated $3,537,808 on 2031JG26F52341.

Is contract 2031JG26F52341 an order under another contract?

Yes. 2031JG26F52341 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52341 competed?

The extent of competition for 2031JG26F52341 was full and open competition.

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