Equitable adjustment for finance charges incurred as a result of deferred nickel purchases due to the unforeseen FRB forecast adjustment.
Ended Awarded Last action
- Contract number
- 2031JG24F70118
- Awardee
-
Wieland Rolled Products North America, LLC UEI LCCMM1A56RP1
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $145,488
Award facts
- Opportunity
-
- 2031JG22R00013 Solicitation number
- Contract value 100% obligated
- $145,488.06 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 331420 Copper Rolling, Drawing, Extruding, and Alloying
- 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 |
|---|---|---|
| Funding Only Action | -$54,512 | |
| Other Administrative Action | $0 | |
| Original award | $200,000 |
About this award
This is a firm fixed-price delivery order awarded by the United States Mint, a civilian agency, to Wieland Rolled Products North America, LLC, a foreign-owned manufacturer of copper alloys and metal products. The $145,488.06 award provides an equitable adjustment for finance charges incurred by Wieland due to deferred nickel purchases, resulting from an unforeseen Federal Reserve Board forecast adjustment. This delivery order is part of a larger $3.5 billion Indefinite Delivery Contract (IDC) that Wieland holds with the United States Mint, awarded in October 2022 and running through September 2032. Under this IDC, Wieland has been the sole supplier of copper alloy compositions in continuous coil strip form to the Mint's facilities, supporting the production of circulating coins such as pennies, nickels, dimes, and quarters. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F70118?
2031JG24F70118 was awarded to Wieland Rolled Products North America, LLC by United States Mint (Department of the Treasury) on June 12, 2024.
How much is contract 2031JG24F70118 worth?
The government has obligated $145,488 on 2031JG24F70118.
Is contract 2031JG24F70118 an order under another contract?
Yes. 2031JG24F70118 is a delivery order under 2031JG23D00001, an indefinite delivery contract.
Was contract 2031JG24F70118 competed?
The extent of competition for 2031JG24F70118 was full and open competition. The government received 2 offers.
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