Raw gold bullion

Ended Awarded Last action

Contract number
2031JG26F52362
Awardee
Awarding agency
Obligated
$3,944,540

Award facts

Contract value 100% obligated
$3,944,540.08 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 delivery order valued at approximately $3.9 million to Asahi Refining USA Inc. for the supply of raw gold bullion, with an ultimate completion date of March 3, 2026. This firm fixed-price delivery order, issued on February 24, 2026, contains no set-aside designation and represents a competitive procurement. The work will be performed in Salt Lake City, Utah, where the Mint maintains facilities for coin production. Asahi Refining USA Inc., a foreign-owned precious metals refiner with operations in Salt Lake City and Ottawa, Ontario, Canada, will serve as the prime contractor with no identified major subcontractors.

This delivery order is issued under one of two indefinite delivery vehicles (IDVs) held by Asahi Refining USA with the Mint, specifically the single-award indefinite delivery contract valued at up to $20 billion for raw gold bullion that was originally established in December 2020 and extends through December 2040. The IDV structure streamlines the Mint's procurement of high-quality raw materials meeting precise federal specifications without conducting additional competitive solicitations. The raw gold bullion supplied through this delivery order supports the Mint's production of circulating coins, commemorative issues, and bullion coins, which are essential to U.S. currency operations managed by the Department of the Treasury.

Quick answers

Who was awarded contract 2031JG26F52362?

2031JG26F52362 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 24, 2026.

How much is contract 2031JG26F52362 worth?

The government has obligated $3,944,540 on 2031JG26F52362.

Is contract 2031JG26F52362 an order under another contract?

Yes. 2031JG26F52362 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52362 competed?

The extent of competition for 2031JG26F52362 was full and open competition.

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