Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52342
Awardee
Awarding agency
Obligated
$3,542,035

Award facts

Contract value 100% obligated
$3,542,035.28 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 firm fixed-price delivery order valued at $3.54 million to Asahi Refining USA Inc. for the provision of raw gold bullion, with an ultimate completion date of February 6, 2026. This delivery order, issued without set-aside designation, is performed in Salt Lake City, Utah, and represents a competitive procurement from an established supplier of precious metals to the federal government. Asahi Refining USA Inc., a foreign-owned corporation with nearly 200 years of industry experience, operates specialized refining facilities in Salt Lake City and Ottawa, Ontario, Canada, and serves as a critical supplier within the government's precious metals supply chain supporting coinage production.

This delivery order is issued under an indefinite delivery vehicle established by the United States Mint in December 2020—a single-award IDV valued at up to $20 billion that designates Asahi Refining USA as the sole supplier of raw gold bullion to the agency through December 2040. This contract structure enables the Mint to procure precious metals without conducting additional competitive solicitations, streamlining the acquisition process for materials essential to the production of circulating coins, commemorative issues, and bullion coins. The company also holds a second IDV awarded in March 2022 for refined silver bullion valued at up to $10 billion through 2040, demonstrating Asahi Refining USA's integral role in supporting the Mint's long-term operational requirements.

Quick answers

Who was awarded contract 2031JG26F52342?

2031JG26F52342 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 20, 2026.

How much is contract 2031JG26F52342 worth?

The government has obligated $3,542,035 on 2031JG26F52342.

Is contract 2031JG26F52342 an order under another contract?

Yes. 2031JG26F52342 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52342 competed?

The extent of competition for 2031JG26F52342 was full and open competition.

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