Delivery Order 2031JG23D00002-2031JG23F71091

Award Date 9/5/23
Potential Completion Date 10/5/23
Potential Value $15M
Federal Agency
United States Mint
Ultimate Awardee
Not listed
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Full and Open Competition
Major Defense Program
Not listed
Pricing Type
Firm Fixed Price
Place of Performance
Cedar Rapids, IA 52404, USA
Solicitation Procedures
Multiple Award, Fair Opportunity
Number Of Offers Received
2
Legislative Mandate
Not listed
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed
Similar Awards
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This federal contract was awarded by the Department of the Treasury United States Mint to PMX Industries, Inc., a subsidiary of the South Korean company Poongsan Corporation. The contract is for the provision of base metal and strip for the Mint's circulating coinage production, with performance occurring at PMX's facility in Cedar Rapids, Iowa. The contract has a firm fixed price type and a potential value of $14,577,404.23. The contract was awarded on September 1, 2017 and has a completion...
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  • 2031JG23D00002
    Indefinite Delivery Contract
  • 2031JG23D00002-2031JG23F71091
    Delivery Order

The Department of the Treasury's United States Mint awarded a firm fixed price delivery order contract to PMX Industries, Inc., a subsidiary of the South Korean company Poongsan Corporation, to provide base metals strip for circulating coinage. The $14,542,753.43 contract has a completion date of October 5, 2023. PMX Industries, which has served as the sole supplier of circulating coinage strip and metal to the Mint, will perform the work at its facility in Cedar Rapids, Iowa. This award is part of a larger $2.3 billion indefinite delivery vehicle from the Mint to PMX Industries that will facilitate the ongoing procurement of raw materials for circulating coin production over a 10-year period ending in 2032. No set-aside designation was specified for this contract.

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