Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG24F71096
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $8,076,716
Award facts
- Contract value 100% obligated
- $8,076,716.24 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 | -$101,272 | |
| Original award | $8,177,988 |
About this award
The U.S. Mint awarded a $8,076,716.24 firm fixed price delivery order contract to PMX Industries, Inc., a foreign-owned manufacturer, to provide base metals strip for use in the production of circulating coinage, including quarters, dimes, nickels, and pennies. This award is part of a $2.3 billion indefinite delivery vehicle previously awarded to PMX Industries by the U.S. Mint, which allows the agency to procure base metals strip through 2032 to fulfill its mission of supplying currency to meet public demand. No set-aside designation was specified for this contract. From 2019 to 2023, PMX Industries has received over 30 similar prime federal contract awards from the U.S. Mint to furnish the raw materials needed for the agency's coin production programs at its facility in Cedar Rapids, Iowa.
Quick answers
Who was awarded contract 2031JG24F71096?
2031JG24F71096 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on February 1, 2024.
How much is contract 2031JG24F71096 worth?
The government has obligated $8,076,716 on 2031JG24F71096.
Is contract 2031JG24F71096 an order under another contract?
Yes. 2031JG24F71096 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG24F71096 competed?
The extent of competition for 2031JG24F71096 was full and open competition. The government received 2 offers.
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