Provide base metal and strip for circulating coinage.

Ended Awarded Last action

Contract number
0082
Awardee
Awarding agency
Obligated
$14,577,404

Award facts

Contract value 100% obligated
$14,577,404.23 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 1 -$294,764
Original award $14,872,169

About this award

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 date of September 30, 2017. It is a delivery order under the Base Metal and Strip for Circulating Coinage 2012-2017 multiple-award IDIQ contract. No set-aside designation was used for this award. As the sole supplier of circulating coinage strip and metal to the United States Mint, PMX enables the agency to fulfill its mission of producing coins to meet public demand.

Quick answers

Who was awarded contract 0082?

0082 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on September 1, 2017.

How much is contract 0082 worth?

The government has obligated $14,577,404 on 0082.

Is contract 0082 an order under another contract?

Yes. 0082 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.

Was contract 0082 competed?

The extent of competition for 0082 was full and open competition. The government received 2 offers.

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