Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0061
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,882,868
Award facts
- Contract value 100% obligated
- $15,882,868.24 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 | -$341,261 | |
| Other Administrative Action | $368 | |
| Change Order | $2,210 | |
| Original award | $16,221,551 |
About this award
This federal contract award, valued at $15,882,868.24, 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 headquartered in Cedar Rapids, Iowa. The contract is for the provision of base metal and strip for circulating coinage, such as quarters, dimes, nickels, and pennies, and does not have a set-aside designation.
The contract is a delivery order under a larger, multi-year Indefinite Delivery Vehicle (IDV) contract valued at $2.3 billion that was awarded to PMX Industries in February 2023. This IDV, which runs through September 2032, allows the United States Mint to procure base metals strip for its coin production programs through individual task orders. PMX Industries has consistently been the primary supplier of critical metal components used in 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.
Quick answers
Who was awarded contract 0061?
0061 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on June 2, 2016.
How much is contract 0061 worth?
The government has obligated $15,882,868 on 0061.
Is contract 0061 an order under another contract?
Yes. 0061 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0061 competed?
The extent of competition for 0061 was full and open competition. The government received 2 offers.
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