Provide metal strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG19F71033
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,459,784
Award facts
- Contract value 100% obligated
- $2,459,784.36 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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
- Cedar Rapids, IA 52404, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$7,068 | |
| Funding Only Action | -$11,818 | |
| Funding Only Action | -$4,063 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $355,660 | |
| Supplemental Agreement for work within scope | $352,251 | |
| Original award | $1,774,823 |
About this award
This federal contract award is for the provision of metal strip to be used in the production of circulating U.S. coinage by the United States Mint. The prime contractor, PMX Industries, Inc., is a foreign-owned, for-profit manufacturer that serves as the exclusive supplier of these critical raw materials to the Mint. The contract, valued at up to $2,459,784.36, is a firm fixed price delivery order with a period of performance ending on March 23, 2020. PMX Industries has been the primary provider of these materials to the Mint since 2019, receiving over 30 prime contract awards during that time. In February 2023, PMX was also awarded a $2.3 billion, 10-year indefinite delivery vehicle (IDV) contract from the Mint to continue supplying the base metal strip required for circulating coin production. This award does not carry a set-aside designation, reflecting PMX's unique position in the market for these specialized materials.
Quick answers
Who was awarded contract 2031JG19F71033?
2031JG19F71033 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on August 6, 2019.
How much is contract 2031JG19F71033 worth?
The government has obligated $2,459,784 on 2031JG19F71033.
Is contract 2031JG19F71033 an order under another contract?
Yes. 2031JG19F71033 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG19F71033 competed?
The extent of competition for 2031JG19F71033 was full and open competition. The government received 2 offers.
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