Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG25F71108
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $11,986,276
Award facts
- Contract value 100% obligated
- $11,986,275.68 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 | -$173,043 | |
| Other Administrative Action | $0 | |
| Original award | $12,159,318 |
About this award
This is a delivery order awarded by the United States Mint, a civilian agency, to PMX Industries, Inc., a foreign-owned manufacturing company based in Cedar Rapids, Iowa. The purpose of the contract is to provide base metals strip for circulating coinage. The contract is a firm fixed-price delivery order with a ceiling value of $11,986,275.68 and a period of performance through March 31, 2025. This contract does not have a set-aside designation.
PMX Industries, Inc. has a long history of providing specialized metal components for U.S. coin production to the United States Mint, dating back to at least 2019. In February 2023, the company was also awarded a significant $2.3 billion multiple-award indefinite delivery contract (IDV) by the Mint, which allows for the issuance of individual task orders for base metals strip over a 10-year period. This IDV represents a strategic partnership between PMX Industries and the U.S. Mint, ensuring a reliable supply of raw materials essential for maintaining the nation's coin production and currency system.
Quick answers
Who was awarded contract 2031JG25F71108?
2031JG25F71108 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on February 3, 2025.
How much is contract 2031JG25F71108 worth?
The government has obligated $11,986,276 on 2031JG25F71108.
Is contract 2031JG25F71108 an order under another contract?
Yes. 2031JG25F71108 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG25F71108 competed?
The extent of competition for 2031JG25F71108 was full and open competition. The government received 2 offers.
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