Raw gold bullion mint MAC gold bullion
Ended Awarded
- Contract number
- 2031JG26F52351
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,966,436
Award facts
- Contract value 100% obligated
- $3,966,435.75 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 $3.97 million delivery order to Asahi Refining USA Inc. on January 29, 2026, for the provision of raw gold bullion. The contract, which carries a firm fixed-price structure with no set-aside designation, is scheduled for completion by February 6, 2026, and will be performed at Asahi Refining USA's facility in Salt Lake City, Utah. This delivery order is issued under one of two indefinite delivery vehicles (IDVs) that the Mint maintains with Asahi Refining USA—specifically, the primary single-award IDV valued at up to $20 billion for raw gold bullion, originally awarded in December 2020. The raw gold bullion supplied through this contract supports the Mint's production of circulating coins, commemorative issues, and bullion coins.
Asahi Refining USA Inc., a foreign-owned precious metals refiner with nearly 200 years of industry experience, operates as the sole supplier of raw gold bullion to the United States Mint and serves as a prime contractor with no identified major subcontractors. In addition to the $20 billion raw gold bullion IDV extending through December 2040, the company holds a second multiple-award IDV valued at up to $10 billion for refined silver, awarded in March 2022, bringing the combined potential value of both vehicles to $30 billion. The company's exclusive contracting relationship with the Mint demonstrates its integral role in maintaining the federal government's precious metals supply chain essential to U.S. coinage production.
Quick answers
Who was awarded contract 2031JG26F52351?
2031JG26F52351 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on January 29, 2026.
How much is contract 2031JG26F52351 worth?
The government has obligated $3,966,436 on 2031JG26F52351.
Is contract 2031JG26F52351 an order under another contract?
Yes. 2031JG26F52351 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52351 competed?
The extent of competition for 2031JG26F52351 was full and open competition.
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