Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52343
Awardee
Awarding agency
Obligated
$3,556,449

Award facts

Contract value 100% obligated
$3,556,448.65 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 $3.56 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, represents work performed at Asahi Refining USA's facility in Salt Lake City, Utah. This award carries no set-aside designation, positioning the contractor as a competitive supplier. The delivery order is issued under Asahi Refining USA's primary indefinite delivery vehicle (IDV)—a single-award contract valued up to $20 billion and originally awarded in December 2020—which establishes the company 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 nearly 200 years of industry experience, operates as the exclusive prime contractor on this delivery order with no identified subcontractors. The raw gold bullion supplied through this contract supports the Mint's production of circulating coins, commemorative issues, and bullion coins. Asahi Refining USA also holds a secondary indefinite delivery vehicle valued up to $10 billion for refined silver procurement, with both IDVs collectively providing the Mint a comprehensive long-term framework valued at up to $30 billion for essential precious metals acquisition through 2040. The company's extensive federal contracting activity demonstrates its critical role in maintaining the Mint's reliable supply chain for materials essential to U.S. coinage production.

Quick answers

Who was awarded contract 2031JG26F52343?

2031JG26F52343 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 20, 2026.

How much is contract 2031JG26F52343 worth?

The government has obligated $3,556,449 on 2031JG26F52343.

Is contract 2031JG26F52343 an order under another contract?

Yes. 2031JG26F52343 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52343 competed?

The extent of competition for 2031JG26F52343 was full and open competition.

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