Base Metal and Strip for Circulating Coinage 2012-2017
Ended Master IDIQ Awarded
- Federal agency
-
United States Mint
- Awardees
- 2
- Task orders
- 187
- Obligated
- $1,496,178,781
Vehicle facts
- Opportunity
-
- Base metal + strip for circulating coinage Pre-Solicitation · USMHQ120029 · Posted Feb 27, 2012
- Agency
-
- United States Mint Department of the Treasury
- Combined task order value
- $1,496,444,559 Current and potential, with all options
- Last date to order 100% complete
- Shared ceiling
- $990,000,000.00 Less than its task orders have obligated
IDV award and task order details come from SAM.gov/FPDS.
About this vehicle
The United States Mint awarded this Master IDIQ for base metal and strip in coils for stamping blanks used in circulating, uncirculating, and proof coins on October 1, 2012, with a shared ceiling of $990 million and final ordering authority expiring September 30, 2017. This vehicle is no longer active; ordering closed in September 2017, nearly nine years ago.
Between November 2012 and September 2017, the Mint issued 187 delivery orders against the vehicle, with no set-asides. The portfolio obligated $1.5 billion of the $1.5 billion combined potential value, meaning the vehicle reached full utilization before the ordering period ended. Order activity remained consistent throughout the vehicle's life, ranging from 29 to 40 orders per year across the five-year window.
Competition centered entirely on two firms holding equal market shares by potential value. PMX Industries, Inc. received 84 orders valued at $751 million combined potential, while Wieland Rolled Products North America, LLC received 103 orders valued at $745.4 million combined potential. The two contractors split the market roughly 50-50 by value, despite Wieland's slight edge in order count. All orders were unrestricted, and the sole customer was the United States Mint itself.
Task orders ranged widely in value, from under $100 to roughly $24 million per order, with many orders in the $10 million to $15 million range based on visible awards. Final orders in September 2017 included several in the $14 million to $15 million band. Delivery orders typically carried firm fixed pricing. Performance occurred at the Philadelphia, Denver, and San Francisco Mint facilities, with blanking at Philadelphia and Denver and proof coin stamping in San Francisco. The vehicle procured three base metal alloy configurations: cupro-nickel, cupro-nickel clad, and golden dollar clad, all delivered as coiled strip meeting coinability standards to prevent defects in struck coins.
Description
The United States Mint (USM) has has awarded a Master IDIQ for strip in coils to be used for stamping blanks for circulating, un-circulating and proof coins.
IDV awards
| Awardee | IDV award | Awarded |
|---|---|---|
| Wieland Rolled Products North America, LLC | TMHQ13C0001 | |
| PMX Industries, Inc. | TMHQ13C0002 |
Latest task orders
Show 15 more
Latest 25 of 187 listed here. See the rest on GovTribe.
Top awardees by obligations
| Rank | Awardee | Obligated | Share |
|---|---|---|---|
| 1 | PMX Industries, Inc. | $750,981,919 | 50% |
| 2 | Wieland Rolled Products North America, LLC | $745,196,862 | 50% |
Top funding agencies by obligations
| Rank | Funding agency | Obligated | Share |
|---|---|---|---|
| 1 | Department of the Treasury | $1,496,178,781 | 100% |
Obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2025 | -$69,747 |
| FY2019 | -$172,239 |
| FY2018 | $16,965,690 |
| FY2017 | $280,090,949 |
| FY2016 | $274,569,406 |
| FY2015 | $378,111,743 |
| FY2014 | $285,865,071 |
| FY2013 | $260,817,908 |
Quick answers
What is the Base Metal and Strip for Circulating Coinage 2012-2017 contract vehicle?
Base Metal and Strip for Circulating Coinage 2012-2017 is an indefinite delivery, indefinite quantity (IDIQ) contract vehicle run by United States Mint (Department of the Treasury), awarded on October 1, 2012.
Which companies hold Base Metal and Strip for Circulating Coinage 2012-2017?
2 companies hold Base Metal and Strip for Circulating Coinage 2012-2017's IDV awards, one each. The latest went to Wieland Rolled Products North America, LLC on October 1, 2012. The awardees whose task orders obligated the most are PMX Industries, Inc. and Wieland Rolled Products North America, LLC.
How much has been spent through Base Metal and Strip for Circulating Coinage 2012-2017?
187 task orders have been placed under Base Metal and Strip for Circulating Coinage 2012-2017, obligating $1,496,178,781. Their combined current value, with exercised options, is $1,496,444,559.
What is the shared ceiling of Base Metal and Strip for Circulating Coinage 2012-2017?
The shared ceiling listed for Base Metal and Strip for Circulating Coinage 2012-2017, $990,000,000, is less than its task orders have obligated.
Which agencies use Base Metal and Strip for Circulating Coinage 2012-2017 the most?
The departments whose task orders under Base Metal and Strip for Circulating Coinage 2012-2017 obligated the most are Department of the Treasury ($1,496,178,781).
How much was obligated through Base Metal and Strip for Circulating Coinage 2012-2017 in fiscal year 2025?
Task orders under Base Metal and Strip for Circulating Coinage 2012-2017 obligated -$69,747 in fiscal year 2025.
On GovTribe
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