Raw gold bullion mint MAC gold bullion

Ended Awarded

Contract number
2031JG26F52348
Awardee
Awarding agency
Obligated
$3,712,787

Award facts

Contract value 100% obligated
$3,712,787.37 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 $3.7 million to Asahi Refining USA Inc. for the provision of raw gold bullion, with a completion date of February 6, 2026. The contract, which carries no set-aside designation, will be performed in Salt Lake City, Utah, where the Mint maintains primary operations for precious metals processing and coinage production. Asahi Refining USA, a foreign-owned corporation with nearly 200 years of industry experience and facilities in both Salt Lake City and Ottawa, Ontario, Canada, serves as the prime contractor with no identified subcontractors on this award.

This delivery order is issued under one of two significant indefinite delivery vehicles (IDVs) held by Asahi Refining USA with the United States Mint through December 2040. The primary IDV, a $20 billion single-award contract originally established in December 2020, designates Asahi Refining USA as the sole supplier of raw gold bullion to the Mint, enabling streamlined procurement without additional competitive solicitation. The raw gold bullion supplied under this delivery order supports the Mint's production of circulating coins, commemorative issues, and bullion coins. Combined with a second IDV valued at up to $10 billion for refined silver awarded in March 2022, these contracts establish a $30 billion long-term framework that underscores Asahi Refining USA's critical role in maintaining the federal government's precious metals supply chain for coinage production.

Quick answers

Who was awarded contract 2031JG26F52348?

2031JG26F52348 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 27, 2026.

How much is contract 2031JG26F52348 worth?

The government has obligated $3,712,787 on 2031JG26F52348.

Is contract 2031JG26F52348 an order under another contract?

Yes. 2031JG26F52348 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52348 competed?

The extent of competition for 2031JG26F52348 was full and open competition.

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