Raw gold bullion
Ended Awarded Last action
- Contract number
- 2031JG26F52369
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $4,271,272
Award facts
- Contract value 100% obligated
- $4,271,271.73 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 delivery order valued at $4.27 million to Asahi Refining USA Inc. for the provision of raw gold bullion, with an ultimate completion date of March 6, 2026. This firm fixed-price delivery order, issued without set-aside designation, is structured under a larger single-award indefinite delivery vehicle (IDV) valued at up to $20 billion that was originally awarded in December 2020. Under this primary IDV, Asahi Refining USA serves as the sole supplier of raw gold bullion to the Mint, enabling the agency to procure precious metals without conducting additional competitive solicitations. The bullion will be delivered to the Mint's facility in Salt Lake City, Utah, and will support the agency's production of circulating coins, commemorative issues, and bullion coins.
Asahi Refining USA Inc., a foreign-owned corporation with nearly 200 years of industry experience, operates refining facilities in Salt Lake City, Utah and Ottawa, Ontario, Canada, positioning it as a critical supplier within the federal government's precious metals supply chain. In addition to the primary $20 billion raw gold bullion IDV, the company holds a second multiple-award indefinite delivery contract valued at up to $10 billion for refined silver, also extending through December 2040. The company operates exclusively as a prime contractor with no major subcontractors and has demonstrated an integral role in maintaining the Mint's reliable supply chain for materials essential to U.S. coinage production.
Quick answers
Who was awarded contract 2031JG26F52369?
2031JG26F52369 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on February 25, 2026.
How much is contract 2031JG26F52369 worth?
The government has obligated $4,271,272 on 2031JG26F52369.
Is contract 2031JG26F52369 an order under another contract?
Yes. 2031JG26F52369 is a delivery order under 2031JG21D00006, an indefinite delivery contract.
Was contract 2031JG26F52369 competed?
The extent of competition for 2031JG26F52369 was full and open competition.
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