Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG22F71069
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,399,571
Award facts
- Contract value 100% obligated
- $15,399,571.40 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
- Cedar Rapids, IA 52404, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$217,298 | |
| Funding Only Action | -$7,824 | |
| Funding Only Action | -$3,709 | |
| Funding Only Action | -$157,043 | |
| Supplemental Agreement for work within scope | -$1,785 | |
| Funding Only Action | -$4,325,820 | |
| Original award | $20,113,050 |
About this award
This is a firm fixed price delivery order contract awarded by the United States Mint, a civilian agency of the U.S. Department of the Treasury, to PMX Industries, Inc., a foreign-owned, for-profit manufacturer of metal products. The contract has a ceiling value of $15,399,571.40 and requires PMX Industries to provide strip and metal for the Mint's circulating coinage production at its facility in Cedar Rapids, Iowa. The contract has no set-aside designation.
In February 2023, the Mint awarded PMX Industries an indefinite delivery contract with a potential value of $2.3 billion to provide base metals strip for circulating coinage over a 10-year ordering period through September 2032. This multiple award indefinite delivery vehicle utilizes firm fixed price task orders, over 15 of which have been subsequently issued to PMX Industries from June 2023 to September 2032 for defined performance periods, with award amounts ranging from $250,000 to $19.9 million. These task orders specify PMX Industries as the prime contractor responsible for furnishing the raw material needs of the Mint to support its coin production programs.
Quick answers
Who was awarded contract 2031JG22F71069?
2031JG22F71069 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on November 16, 2021.
How much is contract 2031JG22F71069 worth?
The government has obligated $15,399,571 on 2031JG22F71069.
Is contract 2031JG22F71069 an order under another contract?
Yes. 2031JG22F71069 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG22F71069 competed?
The extent of competition for 2031JG22F71069 was full and open competition. The government received 2 offers.
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