Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0058
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,386,879
Award facts
- Contract value 100% obligated
- $9,386,878.75 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 | -$114,903 | |
| Funding Only Action | $272,445 | |
| Funding Only Action | $4,146,030 | |
| Original award | $5,083,307 |
About this award
This federal contract award, TMHQ13C0002|0058, 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, supporting the Mint's mission of manufacturing coins to meet public demand. This award is a delivery order under the Base Metal and Strip for Circulating Coinage 2012-2017 multiple-award indefinite delivery contract, which has a ceiling value of $9,386,878.75. The contract is structured as a firm fixed-price agreement and does not carry any set-aside designation. PMX Industries is the sole provider of the essential metal components used in the production of U.S. quarters, dimes, nickels, and pennies, positioning the company as a strategically important vendor in the U.S. currency production supply chain. This contract represents a long-term partnership between PMX Industries and the U.S. Mint, ensuring a reliable supply of raw materials for the nation's currency system.
Quick answers
Who was awarded contract 0058?
0058 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on February 24, 2016.
How much is contract 0058 worth?
The government has obligated $9,386,879 on 0058.
Is contract 0058 an order under another contract?
Yes. 0058 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0058 competed?
The extent of competition for 0058 was full and open competition. The government received 2 offers.
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