Provide base metals strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG25F71110
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,673,730
Award facts
- Contract value 100% obligated
- $14,673,729.56 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 | -$242,471 | |
| Original award | $14,916,200 |
About this award
This firm fixed-price delivery order contract, valued at $14,673,729.56, was awarded by the United States Mint (also known as the United States Department of the Treasury, Mint) to PMX Industries, Inc., a foreign-owned manufacturing company based in Cedar Rapids, Iowa. The contract is for the provision of base metals strip to be used in the production of circulating coinage, such as quarters, dimes, nickels, and pennies.
The contract does not have a set-aside designation and 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. In February 2023, PMX Industries was also awarded a larger, multiple-award indefinite delivery contract (IDV) valued at $2.3 billion, which will allow the U.S. Mint to procure base metals strip for circulating coinage production through individual task orders over a 10-year period.
Quick answers
Who was awarded contract 2031JG25F71110?
2031JG25F71110 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on April 2, 2025.
How much is contract 2031JG25F71110 worth?
The government has obligated $14,673,730 on 2031JG25F71110.
Is contract 2031JG25F71110 an order under another contract?
Yes. 2031JG25F71110 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG25F71110 competed?
The extent of competition for 2031JG25F71110 was full and open competition. The government received 2 offers.
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