The Daily LedgerMoney Trail | Federal Spending
Money Trail: A $14.7 million United States Mint metal order went to PMX Industries on October 6
USAspending records for October 2 to 8, 2026 show a $14,728,410.00 delivery order to PMX INDUSTRIES, INC. from the Department of the Treasury United States Mint for base metal coil and freight, and the size of that single order is the detail most coverage skipped.
Key takeaways
- The Department of the Treasury obligated $14,728,410.00 to PMX INDUSTRIES, INC. on October 6, 2026, under delivery order 2031JG27F71130.
- The award description covers base metal coil and freight for the United States Mint, listed in the record as Mint base metal strip.
- The action was the second largest Treasury contract transaction in the October 2 to 8 window, behind only a $17,876,251.20 Mint order the same day.
What the record shows
The transaction is listed in USAspending as a delivery order with an action date of October 6, 2026. The awarding agency is the Department of the Treasury and the awarding sub agency is the United States Mint. The federal action obligation recorded for the transaction is $14,728,410.00.
The award description reads: BASE METAL COIL AND FREIGHT, Mint base metal strip. In plain terms, the Mint buys metal coil and strip as raw material for coin production, and freight covers delivery of that material. The figure is an obligation, meaning funds committed under the contract action, not a single payment made on October 6. Yesterday the Ledger followed a different Mint supplier. Today the trail leads to a second metal supplier in the same week, which shows how coin production buying is split across vendors.
How it compares
The Department of the Treasury recorded $70,024,106.05 in contract obligations across 77 transactions in the October 2 to 8 window. This single PMX Industries order is about 21.0 percent of that department total for the week. Combined, the two largest Mint metal orders on October 6 total $32,604,661.20, close to half of all Treasury contract obligations that week.
That concentration is the open loop readers can follow in the data itself. Most Treasury contract dollars that week were not broad programs. They were a small number of material orders for making coins. The next Money Trail spotlight in tomorrow's Ledger will name a different recipient from a different agency, continuing the daily trail.
Data vintage: USAspending contract transactions with action dates from October 2 to 8, 2026, pulled in the Ledger contractors file dated October 13, 2026.
Sources
1. USAspending.gov award record for delivery order 2031JG27F71130 to PMX INDUSTRIES, INC.: https://www.usaspending.gov/award/CONT_AWD_2031JG27F71130_2044_2031JG23D00002_2044/
2. USAspending.gov search for Department of the Treasury contract transactions, October 2 to 8, 2026: https://www.usaspending.gov/search
Source: U.S. Department of the Treasury, Daily Treasury Statement, September 28, 2026; Debt to the Penny.
Sources and methodology
Methodology. Daily cash figures are from the U.S. Treasury’s Daily Treasury Statement (DTS) for September 28, 2026, the government’s official daily cash-flow report. The DTS records money actually moving in and out of Treasury accounts; it is not the same as the budget deficit, which is measured monthly on an accrual-adjusted basis.
- U.S. Department of the Treasury, Daily Treasury Statement – operating cash balance, September 28, 2026 (fiscaldata.treasury.gov)
- U.S. Department of the Treasury, Debt to the Penny – September 28, 2026 (fiscaldata.treasury.gov)
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