Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG24F71103
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,821,478
Award facts
- Contract value 100% obligated
- $6,821,477.62 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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 | -$66,616 | |
| Original award | $6,888,094 |
About this award
This federal contract award was issued by the United States Mint, a civilian agency, to PMX Industries, Inc., a foreign-owned, for-profit manufacturing company headquartered in Cedar Rapids, Iowa. The contract, valued at $6,821,477.62, is a delivery order contract to provide base metals strip for the production of circulating coinage, such as quarters, dimes, nickels, and pennies. The contract is a firm fixed-price contract with an ultimate completion date of October 5, 2024. PMX Industries, Inc. has been the sole supplier of these critical raw materials to the United States Mint, receiving over 30 prime federal contract delivery orders since 2019. In February 2023, PMX Industries was also awarded a $2.3 billion multiple-award indefinite delivery contract (IDV) by the United States Mint, which will run through September 2032 and allow the Mint to procure base metals strip for circulating coinage production through individual task orders over a 10-year period. This contract award does not have a set-aside designation.
Quick answers
Who was awarded contract 2031JG24F71103?
2031JG24F71103 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on September 3, 2024.
How much is contract 2031JG24F71103 worth?
The government has obligated $6,821,478 on 2031JG24F71103.
Is contract 2031JG24F71103 an order under another contract?
Yes. 2031JG24F71103 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG24F71103 competed?
The extent of competition for 2031JG24F71103 was full and open competition. The government received 2 offers.
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