Ordering period 4, tier 4, paper, distinctive currency type IV, nexgen $20, 32-subject
Ended Awarded Last action
- Contract number
- 2031ZA24F00353
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18 Part of Crane Co
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $5,017,428
Award facts
- Contract value 100% obligated
- $5,017,428.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- 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
-
- Walsh-Healey Public Contracts Act FAR subpart 22.6
Award details come from SAM.gov/FPDS.
About this award
This federal contract award is for the provision of specialized paper and security materials for United States currency production. The contract was awarded to Crane & Co., Inc., a leading manufacturer of security and currency paper, by the U.S. Department of the Treasury's Bureau of Engraving and Printing (BEP). The contract has a ceiling value of $5,017,428.00 and covers an ordering period through June 30, 2024.
Crane & Co., through its Crane Currency division, is the sole supplier of distinctive currency paper, non-distinctive banknote paper, advanced security threads, and specialized test samples essential for producing Federal Reserve notes. This contract award is part of Crane's broader portfolio of IDIQ contracts with the BEP, including a $1.683 billion IDIQ for currency paper and materials, and a $270 million IDIQ focused on optical variable window security threads. These contracts enable the BEP to obtain the specialized materials required for ongoing currency production, counterfeit deterrence research, and next-generation currency design initiatives.
Quick answers
Who was awarded contract 2031ZA24F00353?
2031ZA24F00353 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on April 17, 2024.
How much is contract 2031ZA24F00353 worth?
The government has obligated $5,017,428 on 2031ZA24F00353.
Is contract 2031ZA24F00353 an order under another contract?
Yes. 2031ZA24F00353 is a delivery order under 2031ZA21D00002, an indefinite delivery contract.
Was contract 2031ZA24F00353 competed?
The extent of competition for 2031ZA24F00353 was full and open competition.
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