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Department of the Treasury Awarded a Contract to PMX INDUSTRIES, INC. for $7,779,755.83

Signed on

12/3/2024, 12:00 AM

PMX INDUSTRIES, INC. Government Contract #2031JG25F71106

PMX INDUSTRIES, INC. was awarded a contract with the United States Government for $7,779,755.83. The contract was awarded by the agency office US MINT HEADQUARTERS, which is a division with the United States Mint within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is PMX INDUSTRIES, INC., located in Cedar Rapids, Iowa. The contract, awarded by the Department of the Treasury's United States Mint, is for providing base metals strip for circulating coinage, with a total value of $7,779,755.83. One notable transaction shows a payment of $7,902,251.07 to the recipient on the issued date.

Contract Details

Contract ID2031JG25F71106
Contract TypeC
Total Obligation$7,779,755.83
Exercised Options$7,779,755.83
Base Amount + Options$7,779,755.83
Date Signed2024-12-03
Contract DescriptionPROVIDE BASE METALS STRIP FOR CIRCULATING COINAGE.
Start Date2024-12-03
End Date2025-01-05

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyUnited States Mint
Awarding OfficeUS MINT HEADQUARTERS
Funding AgencyDepartment of the Treasury
Funding Sub AgencyUnited States Mint
Funding OfficeUS MINT COINAGE METAL

Recipient Details

RecipientPMX INDUSTRIES, INC.
Recipient Location5300 WILLOW CREEK DR SW CEDAR RAPIDS IOWA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Manufacturer of Goods, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #P00001$-122,495.24June 30, 2025

United States Mint, a sub agency of Department of the Treasury, issued a payment of $-122,495.24 to PMX INDUSTRIES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$7,902,251.07December 3, 2024

United States Mint, a sub agency of Department of the Treasury, issued a payment of $7,902,251.07 to PMX INDUSTRIES, INC.. The payment included a Subsidy Cost of $0.00.