Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG25F71104
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,826,497
Award facts
- Contract value 100% obligated
- $6,826,497.27 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 | -$386,560 | |
| Original award | $7,213,058 |
About this award
This is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency, to PMX Industries, Inc., a foreign-owned manufacturing company based in Cedar Rapids, Iowa. The contract, valued at $6,826,497.27, is for the provision of base metals strip to be used in the production of circulating coinage, such as quarters, dimes, nickels, and pennies. This delivery order is part of a larger indefinite delivery vehicle (IDV) contract valued at $2.3 billion, which was awarded to PMX Industries in February 2023 and will run through September 2032. The contract does not carry any set-aside designation. PMX Industries 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 to support the Mint's mission of manufacturing and distributing coins to meet public demand.
Quick answers
Who was awarded contract 2031JG25F71104?
2031JG25F71104 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on October 2, 2024.
How much is contract 2031JG25F71104 worth?
The government has obligated $6,826,497 on 2031JG25F71104.
Is contract 2031JG25F71104 an order under another contract?
Yes. 2031JG25F71104 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG25F71104 competed?
The extent of competition for 2031JG25F71104 was full and open competition. The government received 2 offers.
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