Provide base metals strip for circulating coinage. Mint MAC base metal strip
Ended Awarded Last action
- Contract number
- 2031JG26F71118
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $7,508,811
Award facts
- Contract value 100% obligated
- $7,508,810.70 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 | $1,781,032 | |
| Other Administrative Action | $2,094,306 | |
| Modification | $2,742,564 | |
| Funding Only Action | $890,908 |
About this award
The United States Mint awarded a delivery order to PMX Industries, Inc. with a ceiling value of $7.51 million for the provision of base metals strip for circulating coinage under the MINT MAC Base Metals program. This modification specifically adds quantity and funding for Week 4 deliveries under an existing firm fixed-price contract. PMX Industries, a Cedar Rapids, Iowa-based manufacturer and subsidiary of South Korean company Poongsan Corporation, will perform the work at its Iowa facility. The delivery order carries an ultimate completion date of January 5, 2026, and no set-aside designation was used for this award.
This delivery order is issued under PMX Industries' larger $2.3 billion indefinite delivery contract awarded by the United States Mint in February 2023, which extends through September 2032. PMX Industries serves as the sole supplier of base metals strip essential for the production of U.S. circulating coins, including quarters, dimes, nickels, and pennies. The company has been registered in SAM.gov since 2002 and maintains an exclusive supplier relationship with the United States Mint, with previous contract awards ranging from $250,000 to over $19 million. This long-term strategic partnership ensures the Mint maintains reliable access to the specialized metal components necessary for continuous circulating currency production.
Quick answers
Who was awarded contract 2031JG26F71118?
2031JG26F71118 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on December 4, 2025.
How much is contract 2031JG26F71118 worth?
The government has obligated $7,508,811 on 2031JG26F71118.
Is contract 2031JG26F71118 an order under another contract?
Yes. 2031JG26F71118 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG26F71118 competed?
The extent of competition for 2031JG26F71118 was full and open competition. The government received 2 offers.
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