Raw gold bullion

Ended Awarded Last action

Contract number
2031JG26F52367
Awardee
Awarding agency
Obligated
$4,139,676

Award facts

Contract value 100% obligated
$4,139,675.81 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 valued at $4.14 million to Asahi Refining USA Inc. for the provision of raw gold bullion, with an ultimate completion date of March 6, 2026. This delivery order operates under a firm fixed-price structure with no set-aside designation, enabling the Mint to procure precious metals competitively. The work will be performed in Salt Lake City, Utah, where Asahi Refining USA maintains refining operations to support the Mint's coinage production requirements. Asahi Refining USA, a foreign-owned corporation with nearly 200 years of industry experience, operates as the prime contractor on this delivery order with no identified major subcontractors.

This delivery order is issued under one of two indefinite delivery contracts (IDVs) that Asahi Refining USA holds with the United States Mint, specifically the primary single-award IDV for raw gold bullion valued at up to $20 billion through December 2040. The company also maintains a second multiple-award IDV for refined silver valued at up to $10 billion through the same period, collectively positioning Asahi Refining USA as a critical supplier within the federal government's precious metals supply chain. The raw gold bullion delivered under this order directly supports the Mint's production of circulating coins, commemorative issues, and bullion coins that are essential to U.S. coinage operations.

Quick answers

Who was awarded contract 2031JG26F52367?

2031JG26F52367 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 25, 2026.

How much is contract 2031JG26F52367 worth?

The government has obligated $4,139,676 on 2031JG26F52367.

Is contract 2031JG26F52367 an order under another contract?

Yes. 2031JG26F52367 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52367 competed?

The extent of competition for 2031JG26F52367 was full and open competition.

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