Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0067
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,805,093
Award facts
- Contract value 100% obligated
- $9,805,093.09 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 | -$8 | |
| Other Administrative Action | -$19,113 | |
| Other Administrative Action | $8 | |
| Additional Work (new agreement, FAR part 6 applies) | $427,340 | |
| Original award | $9,396,866 |
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 manufacturer of goods headquartered in Cedar Rapids, Iowa. The contract, valued at $9,805,093.09, is a delivery order under the Base Metal and Strip for Circulating Coinage 2012-2017 indefinite delivery and indefinite quantity (IDIQ) contract vehicle. The contract requires PMX Industries to provide base metal and strip for the production of circulating coinage, such as quarters, dimes, nickels, and pennies. The contract does not have a set-aside designation.
In February 2023, PMX Industries was also awarded a separate $2.3 billion multiple-award IDIQ contract by the U.S. Mint, which will allow the agency to procure base metals strip for circulating coinage production through individual task orders over a 10-year period. This long-term contract solidifies PMX Industries' position as the primary supplier of critical metal components used in U.S. coin production, ensuring a reliable supply of raw materials for the nation's currency system.
Quick answers
Who was awarded contract 0067?
0067 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on October 3, 2016.
How much is contract 0067 worth?
The government has obligated $9,805,093 on 0067.
Is contract 0067 an order under another contract?
Yes. 0067 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0067 competed?
The extent of competition for 0067 was full and open competition. The government received 2 offers.
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