Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG24F71093
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,197,771
Award facts
- Contract value 100% obligated
- $9,197,771.07 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 | -$801 | |
| Funding Only Action | -$940 | |
| Funding Only Action | -$605,055 | |
| Other Administrative Action | $0 | |
| Original award | $9,804,567 |
About this award
This federal contract award, valued at $9,197,771.07, was issued by the United States Mint (a civilian agency) to PMX Industries, Inc., a foreign-owned manufacturing company based in Cedar Rapids, Iowa. The contract is for the delivery of base metals strip to be used in the production of circulating coinage, such as quarters, dimes, nickels, and pennies. This is a firm fixed-price delivery order contract with no set-aside designation. PMX Industries has been the sole supplier of these critical raw materials to the United States Mint, receiving over 30 prime federal contract delivery orders since 2019. Additionally, in February 2023, PMX Industries was awarded a significant multiple-award indefinite delivery contract (IDV) valued at $2.3 billion, which will run through September 2032. This long-term contract allows the United States Mint to procure base metals strip for circulating coinage production through individual task orders over a 10-year period.
Quick answers
Who was awarded contract 2031JG24F71093?
2031JG24F71093 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on November 1, 2023.
How much is contract 2031JG24F71093 worth?
The government has obligated $9,197,771 on 2031JG24F71093.
Is contract 2031JG24F71093 an order under another contract?
Yes. 2031JG24F71093 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG24F71093 competed?
The extent of competition for 2031JG24F71093 was full and open competition. The government received 2 offers.
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