Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F52366
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,038,924
Award facts
- Contract value 100% obligated
- $2,038,924.39 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 U.S. Mint awarded a Delivery Order contract to Asahi Refining USA Inc. valued at approximately $2.04 million for the provision of raw gold bullion. The contract, which is firm fixed price with no set-aside designation, was awarded on February 25, 2026, with an ultimate completion date of March 6, 2026. Performance will take place in Salt Lake City, Utah. This delivery order is issued under a larger indefinite delivery/indefinite quantity (IDIQ) contract vehicle—a single-award IDV valued up to $20 billion that was originally established in December 2020, positioning 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 government's precious metals supply chain through its nearly 200 years of industry experience. The raw gold bullion supplied through this and related delivery orders supports the Mint's production of circulating coins, commemorative issues, and bullion coins. In addition to its primary $20 billion gold bullion IDIQ, the company holds a second multiple-award indefinite delivery contract valued up to $10 billion for refined silver through 2040, bringing the combined potential value of both IDVCs to $30 billion and underscoring Asahi Refining USA's integral role in maintaining the Mint's long-term precious metals procurement strategy.
Quick answers
Who was awarded contract 2031JG26F52366?
2031JG26F52366 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 25, 2026.
How much is contract 2031JG26F52366 worth?
The government has obligated $2,038,924 on 2031JG26F52366.
Is contract 2031JG26F52366 an order under another contract?
Yes. 2031JG26F52366 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52366 competed?
The extent of competition for 2031JG26F52366 was full and open competition.
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