Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F52368
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,062,791
Award facts
- Contract value 100% obligated
- $4,062,790.90 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 firm fixed-price delivery order valued at $4.06 million to Asahi Refining USA Inc. for the supply of raw gold bullion. The delivery order, issued on February 25, 2026, with an ultimate completion date of March 6, 2026, is being performed in Salt Lake City, Utah. This award carries no set-aside designation, positioning Asahi Refining USA as a competitive supplier. The contract supports the Mint's production of circulating coins, commemorative issues, and bullion coins, with raw gold bullion serving as a critical input to the federal coinage manufacturing process.
This delivery order is issued under an indefinite delivery vehicle (IDV) originally awarded to Asahi Refining USA in December 2020, which established the company as the sole supplier of raw gold bullion to the United States Mint under a single-award contract valued at up to $20 billion through December 2040. This arrangement streamlines the Mint's procurement process by eliminating the need for competitive solicitations on individual orders while ensuring access to high-quality raw materials meeting precise federal specifications. Asahi Refining USA, a foreign-owned corporation with nearly 200 years of precious metals industry experience and facilities in Salt Lake City and Ottawa, Ontario, operates exclusively as a prime contractor with no identified subcontractors.
Quick answers
Who was awarded contract 2031JG26F52368?
2031JG26F52368 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 25, 2026.
How much is contract 2031JG26F52368 worth?
The government has obligated $4,062,791 on 2031JG26F52368.
Is contract 2031JG26F52368 an order under another contract?
Yes. 2031JG26F52368 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52368 competed?
The extent of competition for 2031JG26F52368 was full and open competition.
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