Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG21F71056
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $11,991,719
Award facts
- Contract value 100% obligated
- $11,991,718.87 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 | -$21,506 | |
| Other Administrative Action | $8,221 | |
| Original award | $12,005,003 |
About this award
The Department of the Treasury United States Mint awarded PMX Industries Inc. a $12 million firm fixed price delivery order to provide strip and metal for circulating coinage. PMX Industries, a subsidiary of South Korean parent company Poongsan Corporation, will deliver the coinage materials from its Cedar Rapids, Iowa facility. The contract supports the Mint's production of circulating coins for the Treasury's Currency and Coin programs. No subcontractors or set aside designations were identified. The one month period of performance from February 1 to March 3, 2021 ensures a timely supply of coinage strip and metal to meet public demand.
Quick answers
Who was awarded contract 2031JG21F71056?
2031JG21F71056 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on February 1, 2021.
How much is contract 2031JG21F71056 worth?
The government has obligated $11,991,719 on 2031JG21F71056.
Is contract 2031JG21F71056 an order under another contract?
Yes. 2031JG21F71056 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG21F71056 competed?
The extent of competition for 2031JG21F71056 was full and open competition. The government received 2 offers.
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