Provide strip and metal for circulating coinage.

Ended Awarded Last action

Contract number
2031JG22F71067
Awardee
Awarding agency
Obligated
$9,155,433

Award facts

Contract value 100% obligated
$9,155,433.38 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 -$2,937
Other Administrative Action P00001 -$18,339,194
Original award $27,497,565

About this award

PMX Industries Inc., a subsidiary of Poongsan Corporation, was awarded a $9.16 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 November 2021 through January 2022 and will be carried out in Cedar Rapids, Iowa. No set aside designation or subcontractors were indicated. This delivery order supports the Mint's mission to manufacture and issue circulating coins to meet public demand, and will provide the raw materials necessary to produce coins for commerce across the United States.

Quick answers

Who was awarded contract 2031JG22F71067?

2031JG22F71067 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on November 16, 2021.

How much is contract 2031JG22F71067 worth?

The government has obligated $9,155,433 on 2031JG22F71067.

Is contract 2031JG22F71067 an order under another contract?

Yes. 2031JG22F71067 is a delivery order under 2031JG18D00002, an indefinite delivery contract.

Was contract 2031JG22F71067 competed?

The extent of competition for 2031JG22F71067 was full and open competition. The government received 2 offers.

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