Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F52365
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,063,041
Award facts
- Contract value 100% obligated
- $4,063,040.66 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 $4.06 million firm fixed-price delivery order to Asahi Refining USA Inc. for the provision of raw gold bullion. The contract, which is not set aside and has an ultimate completion date of March 6, 2026, will be performed in Salt Lake City, Utah. This delivery order is issued under Asahi Refining USA's existing indefinite delivery vehicle (IDV) with the Mint, a single-award contract valued at up to $20 billion that was originally awarded in December 2020. As the sole supplier of raw gold bullion under this IDV, Asahi Refining USA enables the Mint to procure precious metals without conducting additional competitive solicitations through 2040.
Asahi Refining USA Inc., a foreign-owned precious metals refining company with facilities in Salt Lake City and Ottawa, Ontario, serves as a critical supplier within the federal government's precious metals supply chain. The company's raw gold bullion deliveries support the Mint's production of circulating coins, commemorative issues, and bullion coins. In addition to the raw gold bullion IDV, Asahi Refining USA holds a second multiple-award indefinite delivery contract valued at up to $10 billion for refined silver through 2040, establishing the company as the Mint's preferred supplier with a combined $30 billion potential value across both vehicles. The company operates exclusively as a prime contractor with no identified major subcontractors.
Quick answers
Who was awarded contract 2031JG26F52365?
2031JG26F52365 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 25, 2026.
How much is contract 2031JG26F52365 worth?
The government has obligated $4,063,041 on 2031JG26F52365.
Is contract 2031JG26F52365 an order under another contract?
Yes. 2031JG26F52365 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52365 competed?
The extent of competition for 2031JG26F52365 was full and open competition.
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