Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG20F71042
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,831,203
Award facts
- Contract value 100% obligated
- $12,831,202.51 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 | -$47,308 | |
| Supplemental Agreement for work within scope | $225,205 | |
| Original award | $12,653,305 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $12.8 million firm fixed price delivery order by the United States Mint, part of the Department of the Treasury, to provide strip and metal for circulating coinage. Under this contract, PMX will supply the raw materials needed to manufacture circulating quarters, dimes, nickels and pennies at the Mint's Cedar Rapids, Iowa facility through June 2020. No subcontractors or set aside designations were identified. As the sole manufacturer of circulating coinage for the United States, this award supports the Mint's mission to furnish coins to enable commerce.
Quick answers
Who was awarded contract 2031JG20F71042?
2031JG20F71042 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on February 4, 2020.
How much is contract 2031JG20F71042 worth?
The government has obligated $12,831,203 on 2031JG20F71042.
Is contract 2031JG20F71042 an order under another contract?
Yes. 2031JG20F71042 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG20F71042 competed?
The extent of competition for 2031JG20F71042 was full and open competition. The government received 2 offers.
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