Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG20F71049
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $23,492,136
Award facts
- Contract value 100% obligated
- $23,492,135.80 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 | -$25,621 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $23,517,757 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $23.5 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. Under this contract, PMX will supply the Mint with the raw materials needed to manufacture circulating coins for the American public through March 2021. No major subcontractors or set aside designations were indicated. As the sole manufacturer of circulating coins in the U.S., this award allows the Mint to fulfill its mission of providing coinage to enable commerce.
Quick answers
Who was awarded contract 2031JG20F71049?
2031JG20F71049 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on August 3, 2020.
How much is contract 2031JG20F71049 worth?
The government has obligated $23,492,136 on 2031JG20F71049.
Is contract 2031JG20F71049 an order under another contract?
Yes. 2031JG20F71049 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG20F71049 competed?
The extent of competition for 2031JG20F71049 was full and open competition. The government received 2 offers.
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