Fuel surcharge
Ended Awarded Last action
- Contract number
- 2031JG20F70039
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $259,257
Award facts
- Contract value 100% obligated
- $259,257.41 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 | -$40,743 | |
| Other Administrative Action | $0 | |
| Original award | $300,000 |
About this award
The Department of the Treasury United States Mint awarded a firm fixed price delivery order contract to PMX Industries, Inc., a subsidiary of the South Korean company Poongsan Corporation, for a fuel surcharge in the amount of $259,257.41. The contract, which does not have a set-aside designation, was awarded on December 3, 2019 with a performance completion date of March 18, 2021.
PMX Industries, Inc. is the sole supplier of base metals strip and other raw materials used by the United States Mint to produce circulating coins such as quarters, dimes, nickels, and pennies. The company has been awarded over 30 federal contract delivery orders from 2019 through early 2023 to provide these materials, with individual contract values ranging from $1.5 million to over $30 million. In February 2023, PMX was awarded a $2.3 billion indefinite delivery contract from the Mint for base metals strip over a 10-year ordering period, with over 15 subsequent task orders issued to date.
Quick answers
Who was awarded contract 2031JG20F70039?
2031JG20F70039 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on December 3, 2019.
How much is contract 2031JG20F70039 worth?
The government has obligated $259,257 on 2031JG20F70039.
Is contract 2031JG20F70039 an order under another contract?
Yes. 2031JG20F70039 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG20F70039 competed?
The extent of competition for 2031JG20F70039 was full and open competition. The government received 2 offers.
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