Provide base metals strip for circulating coinage.

Ended Awarded Last action

Contract number
2031JG24F71098
Awardee
Awarding agency
Obligated
$6,684,519

Award facts

Contract value 100% obligated
$6,684,518.90 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 · P00002: the purpose of this modification is to DE-obligate funding in accordance with FY25 3RD QTR open obligations report. Mint MAC base metals -$162,672
Supplemental Agreement for work within scope P00001 $36,728
Original award $6,810,462

About this award

The U.S. Mint awarded a $6,684,518.90 firm fixed-price delivery order contract to PMX Industries, Inc., a foreign-owned, for-profit manufacturing company based in Cedar Rapids, Iowa, to provide base metals strip for the production of circulating coinage. This award is part of a larger $2.3 billion multiple-award indefinite delivery contract awarded to PMX Industries in February 2023, which will run through September 2032. The delivery order has an ultimate completion date of May 5, 2024. This contract does not have a set-aside designation and supports the Mint's mission of manufacturing and distributing coins to meet public demand. PMX Industries has been the sole supplier of these critical raw materials to the U.S. Mint, receiving over 30 prime federal contract delivery orders since 2019.

Quick answers

Who was awarded contract 2031JG24F71098?

2031JG24F71098 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on April 2, 2024.

How much is contract 2031JG24F71098 worth?

The government has obligated $6,684,519 on 2031JG24F71098.

Is contract 2031JG24F71098 an order under another contract?

Yes. 2031JG24F71098 is a delivery order under 2031JG23D00002, an indefinite delivery contract.

Was contract 2031JG24F71098 competed?

The extent of competition for 2031JG24F71098 was full and open competition. The government received 2 offers.

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