Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG23F71080
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,039,404
Award facts
- Contract value 100% obligated
- $15,039,403.80 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 | -$318 | |
| Funding Only Action | -$5,174 | |
| Original award | $15,044,895 |
About this award
This federal contract award to PMX Industries, Inc. is for the provision of strip and metal for circulating coinage production by the United States Mint, a civilian agency within the U.S. Department of the Treasury. The contract is a firm fixed price delivery order with a ceiling value of $15,039,403.80 and a performance period ending on January 5, 2023. PMX Industries, Inc. is the sole supplier of base metals strip and raw materials required by the U.S. Mint to manufacture circulating coins, including quarters, dimes, nickels, and pennies, at its facility in Cedar Rapids, Iowa. This contract award is one of over 30 such prime federal contracts PMX Industries has received from the U.S. Mint since 2019, with individual delivery order values ranging from $1.5 million to over $30 million. Additionally, in February 2023, the U.S. Mint awarded PMX Industries an indefinite delivery contract with a potential value of $2.3 billion to provide base metals strip for circulating coinage production over a 10-year ordering period through September 2032.
Quick answers
Who was awarded contract 2031JG23F71080?
2031JG23F71080 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on December 14, 2022.
How much is contract 2031JG23F71080 worth?
The government has obligated $15,039,404 on 2031JG23F71080.
Is contract 2031JG23F71080 an order under another contract?
Yes. 2031JG23F71080 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG23F71080 competed?
The extent of competition for 2031JG23F71080 was full and open competition. The government received 2 offers.
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