Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG20F71047
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $12,507,209
Award facts
- Contract value 100% obligated
- $12,507,209.44 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 | -$137 | |
| Funding Only Action | -$109 | |
| Funding Only Action | -$155,570 | |
| Funding Only Action | $323,820 | |
| Supplemental Agreement for work within scope | $2,930,162 | |
| Original award | $9,409,044 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $12.5 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. The contract has a period of performance from June 2, 2020 through July 10, 2020 and will be performed in Cedar Rapids, Iowa. This delivery order is likely associated with the Mint's standard indefinite-delivery/indefinite-quantity coin production contract vehicle to supply the metal components needed to manufacture circulating coins for the U.S. monetary system on an as-needed basis. No subcontractors or set aside designations were indicated.
Quick answers
Who was awarded contract 2031JG20F71047?
2031JG20F71047 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on June 2, 2020.
How much is contract 2031JG20F71047 worth?
The government has obligated $12,507,209 on 2031JG20F71047.
Is contract 2031JG20F71047 an order under another contract?
Yes. 2031JG20F71047 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG20F71047 competed?
The extent of competition for 2031JG20F71047 was full and open competition. The government received 2 offers.
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