Provide base metal and strip for circulating coinage.
Ended Awarded Last action
- Contract number
- 0083
- Awardee
-
PMX Industries, Inc. UEI L331KLRZBPY4
- Awarding agency
-
United States Mint
Department of the Treasury
- Obligated
- $689,814
Award facts
- Contract value 100% obligated
- $689,813.58 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 | -$16,535 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $397,310 | |
| Original award | $309,038 |
About this award
This federal contract award is for the delivery of base metal and strip to the Department of the Treasury United States Mint, to be used in the production of circulating coinage. The prime contractor, PMX Industries, Inc., is a subsidiary of the South Korean company Poongsan Corporation that manufactures and supplies metal products.
The contract has a potential value of $689,813.58 and was awarded on a firm fixed price basis, with no set-aside designation. It is a delivery order issued under a broader base metal and strip for circulating coinage contract vehicle that was in place from 2012-2017. PMX Industries has been the sole supplier of these raw materials to the Mint, enabling the agency to meet public demand for circulating coins. In early 2023, PMX was also 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 0083?
0083 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on September 7, 2017.
How much is contract 0083 worth?
The government has obligated $689,814 on 0083.
Is contract 0083 an order under another contract?
Yes. 0083 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.
Was contract 0083 competed?
The extent of competition for 0083 was full and open competition. The government received 2 offers.
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