Provide $1-golden dollar metal strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG18F71012
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $561,189
Award facts
- Contract value 100% obligated
- $561,188.64 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 | -$5,876 | |
| Funding Only Action | $324,486 | |
| Original award | $242,579 |
About this award
This federal contract award is for the Department of the Treasury's United States Mint to procure $1-golden dollar metal strip from PMX Industries, Inc. for circulating coinage production. The $561,188.64 firm fixed price delivery order does not have a set-aside designation. PMX Industries, Inc. is a subsidiary of the South Korean company Poongsan Corporation and has been the sole supplier of circulating coinage metal strip to the Mint through multiple awards from 2019 to 2023, including a recent $2.3 billion indefinite delivery vehicle with associated task orders. This contract facilitates PMX's ongoing role in providing the raw materials necessary for the Mint to fulfill its mission of producing circulating coins to meet public demand.
Quick answers
Who was awarded contract 2031JG18F71012?
2031JG18F71012 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on June 11, 2018.
How much is contract 2031JG18F71012 worth?
The government has obligated $561,189 on 2031JG18F71012.
Is contract 2031JG18F71012 an order under another contract?
Yes. 2031JG18F71012 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG18F71012 competed?
The extent of competition for 2031JG18F71012 was full and open competition. The government received 2 offers.
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