Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG24F71095
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $7,643,263
Award facts
- Contract value 100% obligated
- $7,643,262.92 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 | -$35,864 | |
| Original award | $7,679,126 |
About this award
The U.S. Mint awarded a firm fixed price delivery order contract to PMX Industries, Inc., a foreign-owned, for-profit manufacturer, to provide base metals strip for circulating coinage production at the Mint's facility in Cedar Rapids, Iowa. The contract has a ceiling value of $7,643,262.92 and a completion date of February 5, 2024. This award is part of a larger indefinite delivery vehicle (IDV) contract with a potential value of $2.3 billion that the U.S. Mint awarded to PMX Industries in February 2023 to supply base metals strip over a 10-year ordering period. The IDV utilizes firm fixed price task orders, with multiple task orders issued to PMX Industries from June 2023 to September 2032 for defined performance periods. This contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F71095?
2031JG24F71095 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on January 2, 2024.
How much is contract 2031JG24F71095 worth?
The government has obligated $7,643,263 on 2031JG24F71095.
Is contract 2031JG24F71095 an order under another contract?
Yes. 2031JG24F71095 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG24F71095 competed?
The extent of competition for 2031JG24F71095 was full and open competition. The government received 2 offers.
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