Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG21F71063
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,936,272
Award facts
- Contract value 100% obligated
- $13,936,271.97 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 | -$43,671 | |
| Supplemental Agreement for work within scope | $248,693 | |
| Funding Only Action | -$15,608,195 | |
| Original award | $29,339,445 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, has been awarded a $13.9 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. Under this contract, PMX Industries will supply the raw materials needed to manufacture circulating quarters, dimes, nickels and pennies at the Mint's Cedar Rapids, Iowa facility through September 2021. No subcontractors or set aside designations were identified. This delivery order was issued against an existing indefinite-delivery/indefinite-quantity coin blank contract held by the Mint to procure the coin strip and metal required for domestic coin production.
Quick answers
Who was awarded contract 2031JG21F71063?
2031JG21F71063 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on May 6, 2021.
How much is contract 2031JG21F71063 worth?
The government has obligated $13,936,272 on 2031JG21F71063.
Is contract 2031JG21F71063 an order under another contract?
Yes. 2031JG21F71063 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG21F71063 competed?
The extent of competition for 2031JG21F71063 was full and open competition. The government received 2 offers.
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