Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0069
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $9,740,829
Award facts
- Contract value 100% obligated
- $9,740,828.98 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 | -$291,555 | |
| Original award | $10,032,384 |
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, for-profit manufacturing company based in Cedar Rapids, Iowa. The contract, valued at $9,740,828.98, is for the provision of base metal and strip used in the production of circulating coinage, including quarters, dimes, nickels, and pennies. The contract is part of a larger multiple-award indefinite delivery contract (IDV) valued at $2.3 billion that was awarded to PMX Industries in February 2023, allowing the Mint to procure base metals strip through individual task orders over a 10-year period. The contract does not have a set-aside designation, and PMX Industries has been the primary supplier of critical metal components used in U.S. coin production, further solidifying its role as a strategically important vendor in the U.S. currency production supply chain.
Quick answers
Who was awarded contract 0069?
0069 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on December 1, 2016.
How much is contract 0069 worth?
The government has obligated $9,740,829 on 0069.
Is contract 0069 an order under another contract?
Yes. 0069 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0069 competed?
The extent of competition for 0069 was full and open competition. The government received 2 offers.
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