Provide strip and metal for circulating coinage.

Ended Awarded Last action

Contract number
2031JG21F71066
Awardee
Awarding agency
Obligated
$15,979,316

Award facts

Contract value 100% obligated
$15,979,315.51 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
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 P00002 -$413,384
Other Administrative Action P00001 -$8,117,102
Original award $24,509,802

About this award

PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $15.979 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 December 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 produce circulating coinage for use in commerce across the United States.

Quick answers

Who was awarded contract 2031JG21F71066?

2031JG21F71066 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on July 29, 2021.

How much is contract 2031JG21F71066 worth?

The government has obligated $15,979,316 on 2031JG21F71066.

Is contract 2031JG21F71066 an order under another contract?

Yes. 2031JG21F71066 is a delivery order under 2031JG18D00002, an indefinite delivery contract.

Was contract 2031JG21F71066 competed?

The extent of competition for 2031JG21F71066 was full and open competition. The government received 2 offers.

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