Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52345
Awardee
Awarding agency
Obligated
$5,697,640

Award facts

Contract value 100% obligated
$5,697,639.91 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 $5.7 million to Asahi Refining USA Inc. on January 20, 2026, for the provision of raw gold bullion. The contract, which is firm fixed-price with an ultimate completion date of February 6, 2026, represents performance at Asahi's facility in Salt Lake City, Utah. This delivery order is issued without a set-aside designation and falls under the company's existing indefinite delivery vehicle (IDV) for raw gold bullion supply, a single-award contract originally established in December 2020 with a potential value of up to $20 billion through December 2040. Asahi Refining USA serves as the sole supplier of raw gold bullion to the Mint under this framework, enabling the agency to procure precious metals without conducting additional competitive solicitations.

Asahi Refining USA Inc., a foreign-owned, for-profit corporation specializing in precious metals refining with nearly 200 years of industry experience, operates as a prime contractor with no identified subcontractors. The company's raw gold bullion supplies support the Mint's production of circulating coins, commemorative issues, and bullion coins essential to U.S. coinage operations. Beyond this raw gold bullion contract, Asahi Refining USA also holds a second IDV awarded in March 2022 for the provision of refined silver, valued at up to $10 billion through 2040, bringing the combined potential value of both IDVs to $30 billion and underscoring the company's critical role in maintaining the Mint's long-term precious metals supply chain.

Quick answers

Who was awarded contract 2031JG26F52345?

2031JG26F52345 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 20, 2026.

How much is contract 2031JG26F52345 worth?

The government has obligated $5,697,640 on 2031JG26F52345.

Is contract 2031JG26F52345 an order under another contract?

Yes. 2031JG26F52345 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52345 competed?

The extent of competition for 2031JG26F52345 was full and open competition.

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