Basic ordering agreement for raw gold
Active Indefinite Delivery Contract Awarded
- Contract number
- 2031JG21D00006
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Task orders
- 451 $1,788,583,834 obligated
Award facts
- Opportunity
-
- USMHQ160012 Solicitation number
- Combined order value
- $1,788,583,834 Current and potential, with all options
- Last date to order 39% complete
- IDV ceiling 18% used
- $10,000,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 7 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Department of the Treasury United States Mint awarded Asahi Refining USA Inc. an indefinite delivery contract for raw gold and refined silver bullion. The contract includes a single award vehicle valued up to $20B to provide raw gold through 2040. A multiple award vehicle valued up to an additional $20B was also awarded in 2022 for refined silver with ordering periods for both through 2040.
Delivery orders issued against these contracts call for Asahi Refining USA to supply refined gold and silver meeting Mint specifications for production of circulating coins, commemorative issues, and bullion coins. Task orders reviewed specify firm fixed price delivery of raw gold bullion by set dates to the Mint facility in Salt Lake City, Utah, with values ranging from $798K to $77.5M. No subcontractors or socioeconomic set asides are designated.
The streamlined acquisition process established under these indefinite delivery contracts allows the Mint to reliably meet mission requirements for coin manufacturing by rapidly ordering necessary precious metal commodities on an as-needed basis through at least 2040.
Task orders
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Latest 50 of 451 listed here. See the rest on GovTribe.
Quick answers
Who was awarded contract 2031JG21D00006?
2031JG21D00006 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on December 21, 2020.
How much is contract 2031JG21D00006 worth?
Orders under 2031JG21D00006 have obligated $1,788,583,834. 2031JG21D00006's own ceiling is $10,000,000,000.
How many orders have been placed under contract 2031JG21D00006?
451 orders have been placed under 2031JG21D00006, the latest on September 24, 2026.
Who can order from contract 2031JG21D00006?
2031JG21D00006 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031JG21D00006 competed?
The extent of competition for 2031JG21D00006 was full and open competition. The government received 7 offers.
On GovTribe
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