Provide strip and metal for circulating coinage.

Ended Awarded Last action

Contract number
2031JG22F71073
Awardee
Awarding agency
Obligated
$21,968,016

Award facts

Contract value 100% obligated
$21,968,015.86 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
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 P00003 -$20,652
Funding Only Action P00002 $0
Funding Only Action P00001 -$564,907
Original award $22,553,575

About this award

The United States Department of the Treasury United States Mint (Treasury) awarded PMX Industries Inc., a subsidiary of Poongsan Corporation, a $21.97 million firm fixed price delivery order contract to PROVIDE STRIP AND METAL FOR CIRCULATING COINAGE. The contract has a period of performance from February 10, 2022 through June 4, 2022 and will be performed in Cedar Rapids, Iowa. PMX Industries Inc. will provide the strip and metal raw materials needed by the Mint to produce circulating coins for the United States.

Quick answers

Who was awarded contract 2031JG22F71073?

2031JG22F71073 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on February 10, 2022.

How much is contract 2031JG22F71073 worth?

The government has obligated $21,968,016 on 2031JG22F71073.

Is contract 2031JG22F71073 an order under another contract?

Yes. 2031JG22F71073 is a delivery order under 2031JG18D00002, an indefinite delivery contract.

Was contract 2031JG22F71073 competed?

The extent of competition for 2031JG22F71073 was full and open competition. The government received 2 offers.

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