Provide base metals strip for circulating coinage.

Ended Awarded Last action

Contract number
2031JG24F71097
Awardee
Awarding agency
Obligated
$8,082,619

Award facts

Contract value 100% obligated
$8,082,618.92 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 P00002 -$49,264
Funding Only Action P00001 $11,243
Original award $8,120,640

About this award

The U.S. Mint has awarded PMX Industries, Inc., a foreign-owned manufacturer, a firm fixed price delivery order contract worth $8,082,618.92 to provide base metals strip for the production of circulating coinage, including quarters, dimes, nickels, and pennies. This contract has an ultimate completion date of April 5, 2024.

PMX Industries, Inc. is the sole supplier of base metals strip and raw materials used by the U.S. Mint at its facility in Cedar Rapids, Iowa. This contract is part of a larger $2.3 billion indefinite delivery vehicle awarded to PMX Industries in February 2023 to provide base metals strip for circulating coinage over a 10-year ordering period through September 2032. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031JG24F71097?

2031JG24F71097 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on March 5, 2024.

How much is contract 2031JG24F71097 worth?

The government has obligated $8,082,619 on 2031JG24F71097.

Is contract 2031JG24F71097 an order under another contract?

Yes. 2031JG24F71097 is a delivery order under 2031JG23D00002, an indefinite delivery contract.

Was contract 2031JG24F71097 competed?

The extent of competition for 2031JG24F71097 was full and open competition. The government received 2 offers.

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