Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0053
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,610,997
Award facts
- Contract value 100% obligated
- $13,610,997.06 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 · 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 | -$54,352 | |
| Funding Only Action | $6,947,827 | |
| Original award | $6,717,522 |
About this award
This federal contract award, with ID TMHQ13C0002|0053, is for the United States Mint to procure base metal and strip for circulating coinage production. The $13,610,997.06 firm fixed-price delivery order contract has an ultimate completion date of November 30, 2015, and was awarded on October 22, 2015 to PMX Industries, Inc., a foreign-owned manufacturing company based in Cedar Rapids, Iowa.
The contract is part of a larger multiple-award indefinite delivery contract (IDV) vehicle valued at $2.3 billion, which was awarded to PMX Industries in February 2023 to provide base metals strip for circulating coinage production to the U.S. Mint over a 10-year period. This IDV does not have a set-aside designation, allowing PMX Industries to continue its role as the primary supplier of critical metal components used in U.S. coin production.
Quick answers
Who was awarded contract 0053?
0053 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on October 22, 2015.
How much is contract 0053 worth?
The government has obligated $13,610,997 on 0053.
Is contract 0053 an order under another contract?
Yes. 0053 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0053 competed?
The extent of competition for 0053 was full and open competition. The government received 2 offers.
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