Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG24F71094
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,775,378
Award facts
- Contract value 100% obligated
- $9,775,377.89 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 | -$4,886 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $9,780,264 |
About this award
This federal contract award to PMX Industries, Inc. is for the provision of base metals strip used in the production of circulating coinage by the United States Mint, a bureau of the Department of the Treasury. The award, a delivery order contract valued at $9,775,377.89, is the latest in a series of over 30 prime contracts awarded to PMX Industries by the Mint since 2019 for the supply of raw materials necessary to manufacture U.S. coins. The contract has a completion date of February 5, 2024 and utilizes a firm fixed price pricing structure. PMX Industries, a foreign-owned, for-profit manufacturing company, is the sole supplier of these critical materials to the Mint's coin production facility in Cedar Rapids, Iowa. No set-aside designation was used for this award. This contract is part of a larger $2.3 billion indefinite delivery contract issued to PMX Industries in February 2023, which provides the Mint a 10-year vehicle to procure base metals strip through individual task orders.
Quick answers
Who was awarded contract 2031JG24F71094?
2031JG24F71094 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on December 6, 2023.
How much is contract 2031JG24F71094 worth?
The government has obligated $9,775,378 on 2031JG24F71094.
Is contract 2031JG24F71094 an order under another contract?
Yes. 2031JG24F71094 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG24F71094 competed?
The extent of competition for 2031JG24F71094 was full and open competition. The government received 2 offers.
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