Base metal coil & freight mint MAC base metal strip
Ended Awarded Last action
- Contract number
- 2031JG26F71120
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $6,093,844
Award facts
- Contract value 100% obligated
- $6,093,843.60 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 |
|---|---|---|
| Other Administrative Action | $2,372,754 | |
| Original award | $3,721,090 |
About this award
The United States Mint awarded a delivery order valued at $6.09 million to PMX Industries, Inc. for the procurement of base metal coil and strip materials essential for circulating coin production. This firm fixed-price delivery order, designated P00001 and issued on February 3, 2026, includes an adjustment to add Week #2 quantities of mint base metal strip and carries an ultimate completion date of March 5, 2026. PMX Industries, a Cedar Rapids, Iowa-based manufacturer and subsidiary of South Korean company Poongsan Corporation, serves as the sole supplier of specialized metal components required for manufacturing U.S. quarters, dimes, nickels, and pennies. No set-aside designation applies to this contract, reflecting the contractor's established critical supplier position with the federal government.
This delivery order operates as a child contract under PMX Industries' multiple-award indefinite delivery vehicle valued at $2.3 billion, which was awarded by the United States Mint on February 1, 2023, with completion scheduled for September 30, 2032. Since the IDV's inception, the Mint has issued over 40 firm fixed-price delivery order task orders ranging from approximately $250,000 to $19.9 million. PMX Industries maintains manufacturing operations at its Cedar Rapids facility, where it produces the precision metal products meeting the exacting standards required for domestic coin production. The long-term strategic partnership ensures supply chain continuity for raw materials critical to sustaining the Mint's operational capacity to manufacture and distribute circulating coins throughout the United States.
Quick answers
Who was awarded contract 2031JG26F71120?
2031JG26F71120 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on February 3, 2026.
How much is contract 2031JG26F71120 worth?
The government has obligated $6,093,844 on 2031JG26F71120.
Is contract 2031JG26F71120 an order under another contract?
Yes. 2031JG26F71120 is a delivery order under 2031JG23D00002, an indefinite delivery contract.
Was contract 2031JG26F71120 competed?
The extent of competition for 2031JG26F71120 was full and open competition. The government received 2 offers.
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