Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F52360
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,888,214
Award facts
- Contract value 100% obligated
- $3,888,214.43 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 has issued a delivery order valued at approximately $3.9 million to Asahi Refining USA Inc. for the supply of raw gold bullion. This firm fixed-price delivery order, awarded on February 24, 2026, with an ultimate completion date of March 3, 2026, is being performed in Salt Lake City, Utah. The contract carries no set-aside designation, positioning Asahi as a competitive supplier. This delivery order is issued under a larger single-award indefinite delivery vehicle (IDV) originally established in December 2020, valued at up to $20 billion, which designates Asahi Refining USA as the sole supplier of raw gold bullion to the Mint through December 2040.
Asahi Refining USA Inc., a foreign-owned corporation with facilities in Salt Lake City, Utah and Ottawa, Ontario, Canada, has established itself as a critical supplier within the federal precious metals supply chain. The raw gold bullion supplied under this contract supports the Mint's production of circulating coins, commemorative issues, and bullion coins. Asahi Refining USA operates exclusively as a prime contractor with no identified subcontractors and holds two significant long-term IDVs with the Mint—the $20 billion raw gold bullion contract and a second $10 billion multiple-award contract for refined silver awarded in March 2022—providing the agency with a comprehensive framework for acquiring essential precious metals through December 2040.
Quick answers
Who was awarded contract 2031JG26F52360?
2031JG26F52360 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 24, 2026.
How much is contract 2031JG26F52360 worth?
The government has obligated $3,888,214 on 2031JG26F52360.
Is contract 2031JG26F52360 an order under another contract?
Yes. 2031JG26F52360 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52360 competed?
The extent of competition for 2031JG26F52360 was full and open competition.
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