OVT ECF october delivery order

Ended Awarded Last action

Contract number
2031ZA21F00457
Awardee
Awarding agency
Obligated
$847,584

Award facts

Contract value 100% obligated
$847,584.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
322121 Paper (except Newsprint) Mills
Set-aside
No set-aside
Competition
Not Competed Only One Source
Pricing
Firm Fixed Price
Place of performance
East Boston, MA 02128, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00001 · Administrative modification october ECF optical variable thread (OVT) delivery order $0
Original award $847,584

About this award

The Bureau of Engraving and Printing awarded a delivery order valued at $847,584 to Crane & Co., Inc.'s Crane Currency division on August 24, 2021, for the supply of Optical Variable Thread (OVT) currency security materials with an ultimate completion date of November 23, 2021. This firm fixed-price delivery order was issued without a set-aside designation and represents work performed at the contractor's facility in East Boston, Massachusetts. Crane Currency serves as the sole supplier of specialized currency paper and security materials to the Bureau, providing distinctive banknote papers, security threads, and counterfeit deterrence technologies essential for Federal Reserve note production across all denominations.

This delivery order was issued against one of Crane Currency's two significant indefinite-delivery/indefinite-quantity contracts with the Bureau of Engraving and Printing. The primary IDIQ vehicle, valued at $1.683 billion and extending through April 2026, was awarded on February 18, 2021, and covers the provision of distinctive currency paper, non-distinctive banknote materials, and specialized security components. As the prime contractor with no subcontractors involved, Crane Currency leverages its advanced technical capabilities and manufacturing facilities in Massachusetts and Texas to support the Bureau's ongoing currency production operations and next-generation currency design initiatives.

Quick answers

Who was awarded contract 2031ZA21F00457?

2031ZA21F00457 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on August 24, 2021.

How much is contract 2031ZA21F00457 worth?

The government has obligated $847,584 on 2031ZA21F00457.

Is contract 2031ZA21F00457 an order under another contract?

Yes. 2031ZA21F00457 is a delivery order under 2031ZA20D00001, an indefinite delivery contract.

Was contract 2031ZA21F00457 competed?

The extent of competition for 2031ZA21F00457 was not competed.

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