Basic ordering agreement to provide silver raw material
Active Indefinite Delivery Contract Awarded
- Contract number
- 2031JG22D00006
- Awardee
-
Asahi Refining USA Inc. UEI GL5NPDBBRMC8
- Awarding agency
-
United States Mint
Department of the Treasury
- Task orders
- 0
Award facts
- Opportunity
-
- 2031JG21R00005 Solicitation number
- Last date to order 25% complete
- IDV ceiling
- $10,000,000,000.00
- Maximum order
- $100,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- NAICS code
- 331410 Nonferrous Metal (except Aluminum) Smelting and Refining
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 5 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Indefinite Delivery Contract awarded by the Department of the Treasury United States Mint is a multiple award agreement with Asahi Refining USA Inc. to provide silver raw material. With a potential value of $10 billion and a period of performance through December 2040, the contract enables the Mint to issue delivery orders for refined silver without further competition.
As the sole manufacturer of official United States coinage, the Mint requires a reliable supply of silver to produce circulating dollar coins and commemorative issues. This IDV establishes Asahi Refining USA as an approved supplier, streamlining the acquisition process for silver bullion and avoiding delays that could interrupt coin production. Located in New Jersey, Asahi Refining will deliver refined silver to the Mint's facilities on an as-needed basis over the 18-year ordering period defined in the contract.
Quick answers
Who was awarded contract 2031JG22D00006?
2031JG22D00006 was awarded to Asahi Refining USA Inc. by United States Mint (Department of the Treasury) on March 21, 2022.
How much is contract 2031JG22D00006 worth?
2031JG22D00006's own ceiling is $10,000,000,000. A single order can be worth up to $100,000,000.
Who can order from contract 2031JG22D00006?
2031JG22D00006 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031JG22D00006 competed?
The extent of competition for 2031JG22D00006 was full and open competition. The government received 5 offers.
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