NOV 2025 optically variable thread (OVT) order
Ended Awarded
- Contract number
- 2031ZA25F00548
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $616,550
Award facts
- Contract value 100% obligated
- $616,550.40 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 322121 Paper (except Newsprint) Mills
- PSC
- 9310 Paper And Paperboard
- Set-aside
- No set-aside
- Competition
- Not Competed Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Boston, MA 02108, USA
Award details come from SAM.gov/FPDS.
About this award
This is a firm fixed-price delivery order awarded by the Bureau of Engraving and Printing (BEP), a civilian agency, to Crane & Co., Inc. for the provision of Optically Variable Thread (OVT) in November 2025. The contract has a ceiling value of $616,550.40 and no set-aside designation. Crane & Co., Inc., through its Crane Currency division, is the exclusive supplier of currency paper and security materials to the BEP, which is responsible for the production of U.S. Federal Reserve notes. This delivery order is likely part of Crane's larger indefinite-delivery/indefinite-quantity (IDIQ) contracts with the BEP, valued at $1.683 billion and $270 million respectively, which cover the ongoing supply of distinctive and non-distinctive banknote paper, security threads, and other specialized materials essential for U.S. currency manufacturing and counterfeit deterrence initiatives.
Quick answers
Who was awarded contract 2031ZA25F00548?
2031ZA25F00548 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on September 8, 2025.
How much is contract 2031ZA25F00548 worth?
The government has obligated $616,550 on 2031ZA25F00548.
Is contract 2031ZA25F00548 an order under another contract?
Yes. 2031ZA25F00548 is a delivery order under 2031ZA20D00001, an indefinite delivery contract.
Was contract 2031ZA25F00548 competed?
The extent of competition for 2031ZA25F00548 was not competed.
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