Raw gold bullion

Ended Awarded Last action

Contract number
2031JG26F52370
Awardee
Awarding agency
Obligated
$3,552,712

Award facts

Contract value 100% obligated
$3,552,712.30 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 U.S. Mint awarded a delivery order valued at $3.55 million to Asahi Refining USA Inc. for the provision of raw gold bullion, with a completion date of April 24, 2026. This firm fixed-price delivery order, issued on April 6, 2026, carries no set-aside designation and specifies Salt Lake City, Utah as the place of performance. Asahi Refining USA Inc., a foreign-owned precious metals supplier with nearly 200 years of industry experience, operates facilities in Salt Lake City and Ottawa, Ontario, Canada, positioning itself as a critical supplier within the federal government's precious metals supply chain.

This delivery order is issued under one of two substantial indefinite delivery contracts (IDVs) that Asahi Refining USA holds with the U.S. Mint, both extending through December 2040. The primary IDV, a single-award indefinite delivery vehicle originally awarded in December 2020, is valued at up to $20 billion and establishes Asahi Refining USA as the sole supplier of raw gold bullion to the Mint. The raw gold bullion supplied through these contracts supports the Mint's production of circulating coins, commemorative issues, and bullion coins. The company operates exclusively as a prime contractor with no identified major subcontractors, underscoring its established position as a preferred supplier of precious metals to the federal government.

Quick answers

Who was awarded contract 2031JG26F52370?

2031JG26F52370 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on April 6, 2026.

How much is contract 2031JG26F52370 worth?

The government has obligated $3,552,712 on 2031JG26F52370.

Is contract 2031JG26F52370 an order under another contract?

Yes. 2031JG26F52370 is a delivery order under 2031JG21D00006, an indefinite delivery contract.

Was contract 2031JG26F52370 competed?

The extent of competition for 2031JG26F52370 was full and open competition.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award