Provide base metals strip for circulating coinage.

Ended Awarded Last action

Contract number
2031JG24F70120
Awardee
Awarding agency
Obligated
$9,157,416

Award facts

Contract value 100% obligated
$9,157,416.24 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
Fixed Price with Economic Price Adjustment
Place of performance
HILLS DALES, KY 40241, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 -$449,024
Original award $9,606,440

About this award

This federal contract award to Wieland Rolled Products North America, LLC, a subsidiary of the foreign-owned manufacturer Wieland Rolled Products North America, provides base metals strip for circulating U.S. coinage production by the United States Mint, a civilian agency within the Department of the Treasury. The contract, valued at $9,157,416.24, is a delivery order with a fixed price and economic price adjustment pricing type. It has an ultimate completion date of October 5, 2024. Wieland Rolled Products North America is a critical supplier in the specialized metal supply chain supporting the nation's coin manufacturing infrastructure, having been awarded numerous federal contracts to provide strip and metal for circulating coinage, with contract values ranging from approximately $4 million to $44 million. The company currently holds a significant Indefinite Delivery Contract (IDC) with the United States Mint, valued at up to $3.5 billion, which runs through September 2032, allowing the Mint to issue firm fixed-price delivery orders as needed to ensure a steady supply of base metals for coin production.

Quick answers

Who was awarded contract 2031JG24F70120?

2031JG24F70120 was awarded to Wieland Rolled Products North America, LLC by United States Mint (Department of the Treasury) on September 3, 2024.

How much is contract 2031JG24F70120 worth?

The government has obligated $9,157,416 on 2031JG24F70120.

Is contract 2031JG24F70120 an order under another contract?

Yes. 2031JG24F70120 is a delivery order under 2031JG23D00001, an indefinite delivery contract.

Was contract 2031JG24F70120 competed?

The extent of competition for 2031JG24F70120 was full and open competition. The government received 2 offers.

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