Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F52359
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,866,552
Award facts
- Contract value 100% obligated
- $3,866,551.69 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 approximately $3.9 million to Asahi Refining USA Inc. for the supply of raw gold bullion. The delivery order, issued on February 24, 2026, with an ultimate completion date of March 3, 2026, is being performed at Asahi Refining USA's facility in Salt Lake City, Utah. This award carries no set-aside designation, positioning it as a competitive procurement. The contract supports the Mint's ongoing production of circulating coins, commemorative issues, and bullion coins by providing high-quality precious metals meeting precise federal specifications.
This delivery order is issued under Asahi Refining USA's primary indefinite delivery contract with the United States Mint—a single-award vehicle originally awarded in December 2020 and valued at up to $20 billion through December 2040. This IDV establishes Asahi Refining USA as the sole supplier of raw gold bullion to the Mint, streamlining the acquisition process and enabling the agency to issue delivery orders without conducting additional competitive solicitations. Asahi Refining USA, a foreign-owned corporation with nearly 200 years of industry experience and facilities in Salt Lake City and Ottawa, Ontario, operates exclusively as a prime contractor and holds a complementary $10 billion multiple-award IDV for refined silver, together providing the Mint with $30 billion in potential value for precious metals procurement through 2040.
Quick answers
Who was awarded contract 2031JG26F52359?
2031JG26F52359 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 24, 2026.
How much is contract 2031JG26F52359 worth?
The government has obligated $3,866,552 on 2031JG26F52359.
Is contract 2031JG26F52359 an order under another contract?
Yes. 2031JG26F52359 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52359 competed?
The extent of competition for 2031JG26F52359 was full and open competition.
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