Ordering period 3, tier 9, paper, distinctive currency type IV, nexgen $10, 32-subject

Ended Awarded

Contract number
2031ZA23F00587
Awardee
Awarding agency
Obligated
$3,017,574

Award facts

Contract value 100% obligated
$3,017,574.00 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
6810 Chemicals
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Dalton, MA, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

About this award

This firm fixed price delivery order, awarded by the Department of the Treasury Bureau of Engraving and Printing (BEP), is for $3.02 million to Crane & Co., Inc. Crane Currency Division for ordering period three of tier nine paper and Next Generation $10 banknotes. No set-aside was used for this award made under an existing indefinite-delivery/indefinite-quantity contract between Crane Currency and the BEP, with a total potential value of $1.7 billion through 2024. This contract provides for the supply of distinctive and non-distinctive currency paper as well as sample test sheets, which are essential materials for the BEP's production of Federal Reserve notes and counterfeit deterrence research and development efforts. Place of performance will be Crane Currency's facility in Dalton, Massachusetts, with an expected completion date of October 30, 2023. Crane Co. is identified as the parent company of Crane Currency, the sole supplier of specialized paper and security substrates to the BEP.

Quick answers

Who was awarded contract 2031ZA23F00587?

2031ZA23F00587 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on August 25, 2023.

How much is contract 2031ZA23F00587 worth?

The government has obligated $3,017,574 on 2031ZA23F00587.

Is contract 2031ZA23F00587 an order under another contract?

Yes. 2031ZA23F00587 is a delivery order under 2031ZA21D00002, an indefinite delivery contract.

Was contract 2031ZA23F00587 competed?

The extent of competition for 2031ZA23F00587 was full and open competition.

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