Provide $1-golden dollar metal strip for circulating coinage.

Ended Awarded Last action

Contract number
2031JG18F71019
Awardee
Awarding agency
Obligated
$676,275

Award facts

Contract value 100% obligated
$676,274.54 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
Funding Only Action P00005 -$68,104
Funding Only Action P00004 -$5,207
Other Administrative Action P00003 $0
Other Administrative Action P00002 · Provide $1-golden dollar, RM10 and RM50 metal strip for circulating coinage. $188,248
Funding Only Action P00001 $318,758
Original award $242,579

About this award

PMX Industries Inc., a subsidiary of South Korean company Poongsan Corporation, was awarded a $676,274.54 firm fixed price delivery order contract by the Department of the Treasury United States Mint to provide $1-golden dollar metal strip for circulating coinage. The award does not have a set-aside designation. As the sole supplier of circulating coinage strip and metal to the United States, PMX enables the Mint to carry out its mission of producing coins to meet public demand. In February 2023, PMX was also awarded a $2.3 billion indefinite delivery contract from the Mint to provide base metals strip for circulating coinage over a 10-year ordering period.

Quick answers

Who was awarded contract 2031JG18F71019?

2031JG18F71019 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on September 17, 2018.

How much is contract 2031JG18F71019 worth?

The government has obligated $676,275 on 2031JG18F71019.

Is contract 2031JG18F71019 an order under another contract?

Yes. 2031JG18F71019 is a delivery order under 2031JG18D00002, an indefinite delivery contract.

Was contract 2031JG18F71019 competed?

The extent of competition for 2031JG18F71019 was full and open competition. The government received 2 offers.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award