Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG21F71052
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $14,872,419
Award facts
- Contract value 100% obligated
- $14,872,418.53 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 | -$23,752 | |
| Other Administrative Action | $8,221 | |
| Original award | $14,887,950 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $14.9 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 calls for PMX Industries to deliver the requested coinage materials from its Cedar Rapids, Iowa facility between November 2020 and March 2021. As the Mint is responsible for minting and circulating coins to support commerce in the United States, this delivery order will assist the agency in fulfilling its mission by providing the raw materials needed to produce circulating coins in a timely manner.
Quick answers
Who was awarded contract 2031JG21F71052?
2031JG21F71052 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on November 2, 2020.
How much is contract 2031JG21F71052 worth?
The government has obligated $14,872,419 on 2031JG21F71052.
Is contract 2031JG21F71052 an order under another contract?
Yes. 2031JG21F71052 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG21F71052 competed?
The extent of competition for 2031JG21F71052 was full and open competition. The government received 2 offers.
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