Raw gold bullion

Ended Awarded Last action

Contract number
2031JG26F52364
Awardee
Awarding agency
Obligated
$4,028,241

Award facts

Contract value 100% obligated
$4,028,241.07 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 to Asahi Refining USA Inc. on February 25, 2026, for the provision of raw gold bullion, with a ceiling value of approximately $4.0 million and an ultimate completion date of March 6, 2026. The contract employs firm fixed-price pricing with no set-aside designation, reflecting Asahi Refining USA's status as a competitive, non-set-aside supplier. Performance will occur in Salt Lake City, Utah, where the Mint maintains critical facilities for coin production. Asahi Refining USA, a foreign-owned corporation with facilities in both Salt Lake City and Ottawa, Ontario, Canada, operates as the prime contractor with no identified subcontractors on this award.

This delivery order is issued under one of two significant indefinite delivery vehicles that the United States Mint established with Asahi Refining USA, specifically the primary single-award indefinite delivery contract valued at up to $20 billion for raw gold bullion, originally awarded in December 2020 and extending through December 2040. The streamlined delivery order structure enables the Mint to procure high-quality raw materials meeting precise federal specifications without conducting additional competitive solicitations. The raw gold bullion supplied through this contract supports the Mint's production of circulating coins, commemorative issues, and bullion coins, positioning Asahi Refining USA as an integral supplier within the federal government's precious metals supply chain.

Quick answers

Who was awarded contract 2031JG26F52364?

2031JG26F52364 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 25, 2026.

How much is contract 2031JG26F52364 worth?

The government has obligated $4,028,241 on 2031JG26F52364.

Is contract 2031JG26F52364 an order under another contract?

Yes. 2031JG26F52364 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52364 competed?

The extent of competition for 2031JG26F52364 was full and open competition.

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