Provide strip and metal for circulating coinage.
Ended Awarded Last action
- Contract number
- 2031JG21F71065
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4 Part of Poongsan Corporation
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $13,832,256
Award facts
- Contract value 100% obligated
- $13,832,256.10 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 | -$1,229,968 | |
| Funding Only Action | -$127,563 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $496,015 | |
| Supplemental Agreement for work within scope | $744,023 | |
| Other Administrative Action | -$10,560,053 | |
| Original award | $24,509,802 |
About this award
PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $13.8 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 has a period of performance from July 29, 2021 through November 30, 2021 and will be carried out in Cedar Rapids, Iowa. Under this delivery order issued against an indefinite-delivery/indefinite-quantity coin procurement vehicle, PMX Industries will supply the strip and metal raw materials necessary for minting circulating coins to keep currency in circulation. No subcontractors or set-aside designations were indicated. This award supports the United States Mint's mission to manufacture and issue circulating coins as well as commemorative coins, medals and numismatic items.
Quick answers
Who was awarded contract 2031JG21F71065?
2031JG21F71065 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on July 29, 2021.
How much is contract 2031JG21F71065 worth?
The government has obligated $13,832,256 on 2031JG21F71065.
Is contract 2031JG21F71065 an order under another contract?
Yes. 2031JG21F71065 is a delivery order under 2031JG18D00002, an indefinite delivery contract.
Was contract 2031JG21F71065 competed?
The extent of competition for 2031JG21F71065 was full and open competition. The government received 2 offers.
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