Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F52361
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $3,931,704
Award facts
- Contract value 100% obligated
- $3,931,704.36 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 $3.93 million delivery order to Asahi Refining USA Inc. on February 24, 2026, for the supply of raw gold bullion to support federal coin production. This firm fixed-price delivery order, with an ultimate completion date of March 3, 2026, will be performed in Salt Lake City, Utah, where the Mint operates a primary facility for precious metals processing and coinage manufacturing. The award carries no set-aside designation, reflecting Asahi Refining USA's competitive positioning as a non-set-aside supplier within the federal precious metals procurement market.
This delivery order is issued under a larger indefinite delivery/indefinite quantity (IDIQ) vehicle—a single-award contract valued at up to $20 billion that was originally established in December 2020 and extends through December 2040. This foundational IDIQ contract establishes Asahi Refining USA as the sole source for raw gold bullion to the Mint, streamlining the agency's procurement process and ensuring reliable access to high-quality precious metals. Asahi Refining USA, a foreign-owned corporation with operations in Salt Lake City, Utah and Ottawa, Ontario, operates as the prime contractor with no identified major subcontractors. The company's extensive federal contract activity with the Treasury Department's Mint bureau, combined with its complementary $10 billion multiple-award IDIQ for refined silver, positions it as a critical supplier to the federal government's coinage production operations.
Quick answers
Who was awarded contract 2031JG26F52361?
2031JG26F52361 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 24, 2026.
How much is contract 2031JG26F52361 worth?
The government has obligated $3,931,704 on 2031JG26F52361.
Is contract 2031JG26F52361 an order under another contract?
Yes. 2031JG26F52361 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52361 competed?
The extent of competition for 2031JG26F52361 was full and open competition.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award