Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG21F71064
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,276,803
Award facts
- Contract value 100% obligated
- $13,276,802.60 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- 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 | -$18,373 | |
| Funding Only Action | -$135,290 | |
| Supplemental Agreement for work within scope | -$1,339 | |
| Other Administrative Action | -$17,205,448 | |
| Original award | $30,637,252 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $13.3 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 will supply the raw materials needed to manufacture circulating quarters, dimes, nickels and pennies at the Mint's Cedar Rapids, Iowa facility through October 2021. No subcontractors or set aside designations were identified. This delivery order was issued against an existing indefinite-delivery/indefinite-quantity coin blank supply contract held by the Mint to ensure a steady supply of coin strip and metal for domestic circulating coin production.
Quick answers
Who was awarded contract 2031JG21F71064?
2031JG21F71064 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on July 29, 2021.
How much is contract 2031JG21F71064 worth?
The government has obligated $13,276,803 on 2031JG21F71064.
Is contract 2031JG21F71064 an order under another contract?
Yes. 2031JG21F71064 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG21F71064 competed?
The extent of competition for 2031JG21F71064 was full and open competition. The government received 2 offers.
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