Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0076
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $10,314,030
Award facts
- Contract value 100% obligated
- $10,314,029.73 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 | -$109,146 | |
| Original award | $10,423,176 |
About this award
This 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, to provide base metal and strip for circulating coinage. The firm fixed-price contract, valued at $10,314,029.73, has a completion date of May 31, 2017 and is a delivery order under the Base Metal and Strip for Circulating Coinage 2012-2017 master IDIQ contract. No set-aside designation was used. PMX Industries, Inc., as the sole supplier of circulating coinage strip and metal to the United States Mint, enables the Mint to carry out its mission of producing coins to meet public demand. In February 2023, PMX Industries Inc. was awarded a $2.3 billion indefinite delivery contract from the Mint to provide base metals strip for circulating coinage over a 10-year ordering period.
Quick answers
Who was awarded contract 0076?
0076 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on May 1, 2017.
How much is contract 0076 worth?
The government has obligated $10,314,030 on 0076.
Is contract 0076 an order under another contract?
Yes. 0076 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0076 competed?
The extent of competition for 0076 was full and open competition. The government received 2 offers.
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