Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0079
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $10,457,374
Award facts
- Contract value 100% obligated
- $10,457,373.90 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 | -$6,772 | |
| Funding Only Action | $0 | |
| Original award | $10,464,146 |
About this award
The Department of the Treasury 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 circulating coinage. The $10,457,373.90 award is part of a larger indefinite delivery vehicle, the Base Metal and Strip for Circulating Coinage 2012-2017 contract, which enables the ongoing procurement of raw materials from PMX to fulfill the Mint's requirement for circulating coin production. No set-aside designation was used for this award. PMX, a subsidiary of the South Korean company Poongsan Corporation, has been the sole supplier of circulating coinage strip and metal to the United States Mint, enabling the agency to carry out its mission of producing coins to meet public demand.
Quick answers
Who was awarded contract 0079?
0079 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on July 3, 2017.
How much is contract 0079 worth?
The government has obligated $10,457,374 on 0079.
Is contract 0079 an order under another contract?
Yes. 0079 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0079 competed?
The extent of competition for 0079 was full and open competition. The government received 2 offers.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award