Provide metal strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG18F71001
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,250,052
Award facts
- Contract value 100% obligated
- $12,250,051.76 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 331420 Copper Rolling, Drawing, Extruding, and Alloying
- 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 |
|---|---|---|
| Funding Only Action | -$112,022 | |
| Original award | $12,362,073 |
About this award
The Department of the Treasury's United States Mint awarded a firm-fixed-price delivery order contract to PMX Industries, Inc., a foreign-owned, for-profit manufacturer of metal products, to provide metal strip for circulating coinage. The $12,250,051.76 award has a completion date of December 6, 2017 and was issued on November 7, 2017. PMX Industries, Inc. is a subsidiary of the South Korean company Poongsan Corporation. This contract does not have a set-aside designation. The award facilitates the ongoing procurement of raw materials from PMX Industries, Inc. as the prime contractor to fulfill the Mint's requirement for circulating coin production.
Quick answers
Who was awarded contract 2031JG18F71001?
2031JG18F71001 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on November 7, 2017.
How much is contract 2031JG18F71001 worth?
The government has obligated $12,250,052 on 2031JG18F71001.
Is contract 2031JG18F71001 an order under another contract?
Yes. 2031JG18F71001 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG18F71001 competed?
The extent of competition for 2031JG18F71001 was full and open competition. The government received 2 offers.
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