Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG21F71060
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $18,235,725
Award facts
- Contract value 100% obligated
- $18,235,724.77 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 | -$5,584 | |
| Original award | $18,241,308 |
About this award
The Department of the Treasury United States Mint awarded a $18.2 million firm fixed price delivery order contract to PMX Industries Inc. 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 to support the Mint's coin production programs. No subcontractors or set aside designations were identified. The one month period of performance from May 3rd to June 5th, 2021 aligns with typical timeframes for coin metal procurements to maintain supply for circulating coin manufacturing operations.
Quick answers
Who was awarded contract 2031JG21F71060?
2031JG21F71060 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on May 3, 2021.
How much is contract 2031JG21F71060 worth?
The government has obligated $18,235,725 on 2031JG21F71060.
Is contract 2031JG21F71060 an order under another contract?
Yes. 2031JG21F71060 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG21F71060 competed?
The extent of competition for 2031JG21F71060 was full and open competition. The government received 2 offers.
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