Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0075
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $8,798,570
Award facts
- Contract value 100% obligated
- $8,798,569.69 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 |
|---|---|---|
| Other Administrative Action | -$86,675 | |
| Original award | $8,885,245 |
About this award
The U.S. Department of the Treasury's United States Mint awarded a firm fixed price delivery order contract to PMX Industries Inc., a foreign-owned for-profit manufacturer, to provide base metal and strip for the production of circulating coinage. The $8,798,569.69 contract has a period of performance ending on April 30, 2017 and is a task order under the Base Metal and Strip for Circulating Coinage 2012-2017 multiple award indefinite delivery vehicle. No set-aside designation was used for this award. PMX Industries, a subsidiary of South Korean company Poongsan Corporation, has received over 30 similar contracts from the Mint to furnish raw materials for the manufacturing of circulating quarters, dimes, nickels, and pennies at its facility in Cedar Rapids, Iowa. In February 2023, PMX was awarded a $2.3 billion indefinite delivery contract from the Mint to provide base metal strip for circulating coinage over a 10-year ordering period.
Quick answers
Who was awarded contract 0075?
0075 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on April 4, 2017.
How much is contract 0075 worth?
The government has obligated $8,798,570 on 0075.
Is contract 0075 an order under another contract?
Yes. 0075 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0075 competed?
The extent of competition for 0075 was full and open competition. The government received 2 offers.
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