Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0051
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,520,548
Award facts
- Contract value 100% obligated
- $14,520,547.84 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 · 4 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 | -$12,407 | |
| Funding Only Action | $133,920 | |
| Funding Only Action | -$747,397 | |
| Change Order | $7,807,752 | |
| Original award | $7,338,679 |
About this award
This is a federal contract award 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 headquartered in Cedar Rapids, Iowa. The contract, valued at $14,520,547.84, is a delivery order under the Base Metal and Strip for Circulating Coinage 2012-2017 indefinite delivery contract. It requires PMX Industries to provide base metal and strip for circulating coinage, such as quarters, dimes, nickels, and pennies. The contract does not have a set-aside designation. PMX Industries has been the sole provider of these critical metal components to the United States Mint, positioning itself as a strategically important vendor in the U.S. currency production supply chain. In February 2023, PMX Industries was also awarded a $2.3 billion multiple-award indefinite delivery contract by the United States Mint, further cementing its role as the primary supplier of raw materials for the nation's circulating coinage.
Quick answers
Who was awarded contract 0051?
0051 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on September 29, 2015.
How much is contract 0051 worth?
The government has obligated $14,520,548 on 0051.
Is contract 0051 an order under another contract?
Yes. 0051 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0051 competed?
The extent of competition for 0051 was full and open competition. The government received 4 offers.
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