Provide base metals strip for circulating coinage.

Ended Awarded Last action

Contract number
2031JG23F70097
Awardee
Awarding agency
Obligated
$43,239,896

Award facts

Contract value 101% obligated
$42,963,064.88 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
HILLS DALES, KY 40241, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00003 · P00003: the purpose of this modification is to DE-obligate funding in accordance with the FY 2026 1ST quarter open obligations report. -$48,024
Funding Only Action P00002 -$276,832
Other Administrative Action P00001 -$3,925,277
Original award $47,213,198

About this award

Wieland Rolled Products North America, LLC, operating under the Wieland Rolled Products North America Division and doing business as Olin Brass, has been awarded a delivery order valued at $42.96M by the United States Mint to provide base metals strip for circulating coinage production. This is a firm fixed-price delivery order with an ultimate completion date of May 5, 2023, and represents work to be performed at the contractor's manufacturing facility in Hills Dales, Kentucky. The award includes no set-aside designation, reflecting Wieland's status as a specialized sole-source supplier to the Mint. This delivery order is issued under Wieland's larger Indefinite Delivery Contract with the United States Mint, valued at $3.5 billion and awarded on October 1, 2022, which extends through September 2032.

The base metals strip delivered under this order will serve as raw material for the Mint's production of circulating U.S. coinage, including pennies, nickels, dimes, and quarters. Wieland has established itself as the critical supplier of copper alloy materials in continuous coil strip form for the nation's coinage manufacturing operations, with the produced materials subsequently distributed to the Mint's production facilities in Kentucky and Pennsylvania. Since the IDC's establishment, the Mint has issued over fifty delivery orders to Wieland, demonstrating the strategic importance of this long-term relationship to the federal government's currency production infrastructure.

Quick answers

Who was awarded contract 2031JG23F70097?

2031JG23F70097 was awarded to Wieland Rolled Products North America, LLC by United States Mint (Department of the Treasury) on March 16, 2023.

How much is contract 2031JG23F70097 worth?

The government has obligated $43,239,896 on 2031JG23F70097. Its current value, with exercised options, is $42,963,065.

Is contract 2031JG23F70097 an order under another contract?

Yes. 2031JG23F70097 is a delivery order under 2031JG23D00001, an indefinite delivery contract.

Was contract 2031JG23F70097 competed?

The extent of competition for 2031JG23F70097 was full and open competition. The government received 2 offers.

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