Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG21F71062
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $15,632,019
Award facts
- Contract value 100% obligated
- $15,632,019.31 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 | -$31,056 | |
| Funding Only Action | -$11,836,707 | |
| Original award | $27,499,782 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $15.6 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, which runs from May 2021 through August 2021, will see PMX Industries supply the necessary raw materials to the Mint for production of circulating coins to be issued by the Treasury. PMX Industries will perform the work out of its Cedar Rapids, Iowa facility. No major subcontractors or set aside designations were indicated. This delivery order was issued against an existing indefinite-delivery/indefinite-quantity contract vehicle held by the Mint to procure the coinage strip and metal needed to support its mission of manufacturing and issuing circulating coins for commerce in the United States.
Quick answers
Who was awarded contract 2031JG21F71062?
2031JG21F71062 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on May 6, 2021.
How much is contract 2031JG21F71062 worth?
The government has obligated $15,632,019 on 2031JG21F71062.
Is contract 2031JG21F71062 an order under another contract?
Yes. 2031JG21F71062 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG21F71062 competed?
The extent of competition for 2031JG21F71062 was full and open competition. The government received 2 offers.
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