1-Cent Planchets
Ended Master IDIQ Awarded
- Federal agency
-
United States Mint
- Awardees
- 1
- Task orders
- 77
- Obligated
- $309,356,159
Vehicle facts
- Agency
-
- United States Mint Department of the Treasury
- Combined task order value
- $309,356,159 Current and potential, with all options
- Last date to order 100% complete
IDV award and task order details come from SAM.gov/FPDS.
About this vehicle
The Department of the Treasury United States Mint established a single-award Master IDIQ for one-cent copper-plated zinc (CPZ) planchets on March 1, 2010, with ordering closed as of December 31, 2014. This vehicle is no longer active for new task orders.
Artazn LLC holds the sole prime contract under this vehicle. The Mint issued 77 task orders over the vehicle's four-year ordering window, averaging roughly 15 orders per year between 2010 and 2014. All 77 orders have been obligated at the full combined potential value of $309.4 million, leaving no remaining capacity. The vehicle funded exclusively United States Mint operations—all task orders named the Mint as the customer agency.
Task order scope centered on the supply of one-cent circulating planchets in varying compositions. Most orders called for base metal and strip for circulating coinage, with individual order values typically ranging from $2 million to $9 million. Representative orders included TMHQ10C0026-0076 ($7.4 million, December 2014), TMHQ10C0026-0067 ($8.85 million, May 2014), and TMHQ10C0026-0045 ($7.3 million, February 2013). The portfolio also included smaller orders for uncirculated and proof planchets, alternative metal samples, nickel-plated variants, and fuel surcharges. Two orders addressed the sorting of mutilated or obsolete one-cent coinage.
All task orders carried firm-fixed-price pricing, with three orders using fixed-price-with-economic-price-adjustment structures. The vehicle operated under no set-aside designation; all orders were unrestricted competitive awards to a single prime.
Description
This is a Single award IDIQ. The Purpose of this Contract is to Provide 1-Cent CPZ Planchets (Circualting, Un-Circulating and Proof).
IDV awards
| Awardee | IDV award | Awarded |
|---|---|---|
| Artazn LLC | TMHQ10C0026 |
Latest task orders
Show 15 more
Latest 25 of 77 listed here. See the rest on GovTribe.
Top awardees by obligations
| Rank | Awardee | Obligated | Share |
|---|---|---|---|
| 1 | Artazn LLC | $309,356,159 | 100% |
Top funding agencies by obligations
| Rank | Funding agency | Obligated | Share |
|---|---|---|---|
| 1 | Department of the Treasury | $309,356,159 | 100% |
Obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2016 | $6,842 |
| FY2015 | $23,131,319 |
| FY2014 | $75,058,532 |
| FY2013 | $73,164,901 |
| FY2012 | $58,304,416 |
| FY2011 | $50,098,564 |
| FY2010 | $29,591,584 |
Quick answers
What is the 1-Cent Planchets contract vehicle?
1-Cent Planchets is an indefinite delivery, indefinite quantity (IDIQ) contract vehicle run by United States Mint (Department of the Treasury), awarded on March 1, 2010.
Which companies hold 1-Cent Planchets?
1 company holds 1-Cent Planchets's IDV award. The latest went to Artazn LLC on March 1, 2010. The awardees whose task orders obligated the most are Artazn LLC.
How much has been spent through 1-Cent Planchets?
77 task orders have been placed under 1-Cent Planchets, obligating $309,356,159.
Which agencies use 1-Cent Planchets the most?
The departments whose task orders under 1-Cent Planchets obligated the most are Department of the Treasury ($309,356,159).
On GovTribe
See this vehicle's full record
- Every IDV award and task order
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