Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0050
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $2,390,766
Award facts
- Contract value 99% obligated
- $2,419,576.94 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 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 | -$79,121 | |
| Other Administrative Action | $9 | |
| Funding Only Action | $1,105 | |
| Funding Only Action | $156,360 | |
| Funding Only Action | $1,105 | |
| Change Order | $368 | |
| Funding Only Action | $1,377,494 | |
| Original award | $933,447 |
About this award
This federal contract award, with ID TMHQ13C0002|0050, was issued by the United States Mint, a civilian agency within the Department of the Treasury, to PMX Industries, Inc., a foreign-owned, for-profit manufacturing company based in Cedar Rapids, Iowa. The contract is for the provision of base metal and strip for circulating coinage, with a firm fixed price ceiling value of $2,419,576.94 and a completion date of January 30, 2016.
The contract is a delivery order under a larger parent Master Indefinite Delivery/Indefinite Quantity (IDIQ) contract titled "Base Metal and Strip for Circulating Coinage 2012-2017," which allows the United States Mint to procure these critical metal components through individual task orders. In February 2023, PMX Industries was awarded a significant $2.3 billion multiple-award IDIQ contract that will run through September 2032, further solidifying the company's role as the primary supplier of raw materials for U.S. coin production. This contract does not have a set-aside designation.
Quick answers
Who was awarded contract 0050?
0050 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on September 10, 2015.
How much is contract 0050 worth?
The government has obligated $2,390,766 on 0050. Its current value, with exercised options, is $2,419,577.
Is contract 0050 an order under another contract?
Yes. 0050 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0050 competed?
The extent of competition for 0050 was full and open competition. The government received 3 offers.
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