Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0060
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,756,781
Award facts
- Contract value 100% obligated
- $12,756,781.44 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 | -$170,693 | |
| Change Order | $790,604 | |
| Change Order | $423,739 | |
| Change Order | $5,529,227 | |
| Original award | $6,183,904 |
About this award
This federal contract award was issued by the United States Mint, a civilian agency within the Department of the Treasury, to PMX Industries, Inc., a foreign-owned manufacturing company based in Cedar Rapids, Iowa. The contract, identified as TMHQ13C0002|0060, is a delivery order under a larger indefinite delivery vehicle (IDV) known as the "Base Metal and Strip for Circulating Coinage 2012-2017" contract. The purpose of this award is to provide base metal and strip for the production of circulating coinage, such as quarters, dimes, nickels, and pennies. The contract has a ceiling value of $12,756,781.44 and a firm fixed-price pricing type. It does not carry any set-aside designation. PMX Industries has been the primary supplier of critical metal components for U.S. coin production, having been awarded over 30 prime federal contract delivery orders since 2019, with contract values ranging from $1.5 million to over $30 million. The current IDV contract, valued at $2.3 billion, represents a long-term strategic 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 0060?
0060 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on April 26, 2016.
How much is contract 0060 worth?
The government has obligated $12,756,781 on 0060.
Is contract 0060 an order under another contract?
Yes. 0060 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0060 competed?
The extent of competition for 0060 was full and open competition. The government received 2 offers.
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