Provide base metal and strip for circulating coinage.

Ended Awarded Last action

Contract number
0084
Awardee
Awarding agency
Obligated
$14,854,441

Award facts

Contract value 100% obligated
$14,854,441.18 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 P00005 -$186,268
Funding Only Action P0004 -$127,595
Other Administrative Action P0003 $1,540
Other Administrative Action P0002 -$1,046,132
Funding Only Action P0001 $9,354,175
Original award $6,858,720

About this award

This federal contract award was made by the Department of the Treasury United States Mint to PMX Industries, Inc., a subsidiary of South Korean company Poongsan Corporation, to provide base metal and strip for circulating coinage. The contract is a delivery order under the larger Base Metal and Strip for Circulating Coinage 2012-2017 indefinite delivery vehicle (IDV). The award has a potential value of $14,854,441.18 and is a firm fixed price contract with a completion date of October 31, 2017. No set-aside designation was used. PMX Industries, Inc. has been the sole supplier of these raw materials to the United States Mint, enabling the agency to fulfill its mission of producing circulating coins to meet public demand. In February 2023, PMX was awarded a $2.3 billion IDV contract from the Mint to provide base metals strip for circulating coinage over a 10-year ordering period.

Quick answers

Who was awarded contract 0084?

0084 was awarded to PMX Industries, Inc. by United States Mint (Department of the Treasury) on September 27, 2017.

How much is contract 0084 worth?

The government has obligated $14,854,441 on 0084.

Is contract 0084 an order under another contract?

Yes. 0084 is a delivery order under TMHQ13C0002, an indefinite delivery contract, on Base Metal and Strip for Circulating Coinage 2012-2017.

Was contract 0084 competed?

The extent of competition for 0084 was full and open competition. The government received 2 offers.

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