ECF april 2026 optically variable thread (OVT) order

Ended Awarded

Contract number
2031ZA26F00140
Awardee
Awarding agency
Obligated
$1,198,800

Award facts

Contract value 100% obligated
$1,198,800.00 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • 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

The Bureau of Engraving and Printing awarded a $1.2M delivery order to Crane & Co., Inc. (Crane Currency division) on January 30, 2026, for the supply of Optically Variable Thread (OVT) materials. This delivery order, with an ultimate completion date of April 29, 2029, operates under a firm fixed-price structure and represents a child contract issued against one of Crane Currency's existing indefinite-delivery/indefinite-quantity (IDIQ) vehicles—specifically the secondary IDIQ contract valued at $270M that covers optical variable window distinctive security threads through 2029. The contract was awarded without a set-aside designation, reflecting Crane Currency's sole-source status as the exclusive supplier of these specialized security materials to the federal government. Work will be performed in Boston, Massachusetts.

Crane & Co., Inc., operating through its Crane Currency division and headquartered in Dalton, Massachusetts, serves as the critical infrastructure partner for U.S. currency production, supplying specialized security threads and advanced anti-counterfeiting materials essential for Federal Reserve note manufacturing. The optically variable thread products covered under this delivery order support the Bureau's broader mission to maintain currency security and integrity while advancing next-generation currency design initiatives. As the prime contractor on this award, Crane Currency will deliver these materials directly with no subcontractors involved, consistent with its established role as the sole provider of these technically specialized currency production materials to the Treasury Department's Bureau of Engraving and Printing.

Quick answers

Who was awarded contract 2031ZA26F00140?

2031ZA26F00140 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on January 30, 2026.

How much is contract 2031ZA26F00140 worth?

The government has obligated $1,198,800 on 2031ZA26F00140.

Is contract 2031ZA26F00140 an order under another contract?

Yes. 2031ZA26F00140 is a delivery order under 2031ZA20D00001, an indefinite delivery contract.

Was contract 2031ZA26F00140 competed?

The extent of competition for 2031ZA26F00140 was not competed.

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