Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0059
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,560,814
Award facts
- Contract value 100% obligated
- $12,560,813.50 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 | -$127,397 | |
| Change Order | $5,912,003 | |
| Original award | $6,776,208 |
About this award
This is a firm fixed-price delivery order contract awarded by the United States Mint, a civilian agency within the Department of the Treasury, to PMX Industries, Inc., a foreign-owned manufacturing company. The contract, valued at $12,560,813.50, is for the provision of base metal and strip to be used in the production of circulating coinage, such as quarters, dimes, nickels, and pennies.
The contract is part of a larger indefinite delivery/indefinite quantity (IDIQ) contract vehicle called "Base Metal and Strip for Circulating Coinage 2012-2017" that allows the U.S. Mint to procure these materials through individual task orders. In February 2023, PMX Industries was awarded a $2.3 billion multiple-award IDIQ contract that will run through September 2032, further solidifying the company's role as the primary supplier of critical metal components for U.S. coin production. The contract does not have a set-aside designation.
Quick answers
Who was awarded contract 0059?
0059 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on March 22, 2016.
How much is contract 0059 worth?
The government has obligated $12,560,814 on 0059.
Is contract 0059 an order under another contract?
Yes. 0059 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0059 competed?
The extent of competition for 0059 was full and open competition. The government received 3 offers.
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