Ordering period 4, tier 4 paper, distinctive currency type i, 50-subject

Ended Awarded

Contract number
2031ZA24F00502
Awardee
Awarding agency
Obligated
$5,170,044

Award facts

Contract value 100% obligated
$5,170,044.00 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 is a firm fixed-price delivery order contract awarded by the Bureau of Engraving and Printing (BEP), a component of the U.S. Department of the Treasury, to Crane & Co., Inc.'s Crane Currency division. The contract has a ceiling value of $5,170,044.00 and covers the delivery of Tier 4 paper, Distinctive Currency Type I, in 50-subject sheets. The contract has an ultimate completion date of September 30, 2024 and was awarded on July 17, 2024. Crane Currency is the sole supplier of U.S. currency paper and provides specialized paper, security features, and other essential materials required for Federal Reserve note production and counterfeit deterrence research and development. This contract is part of Crane Currency's larger indefinite-delivery/indefinite-quantity (IDIQ) contracts with the BEP, valued at $1.7 billion and $270 million respectively, which enable the agency to issue task orders as needed to maintain currency production and support ongoing initiatives. The contract does not have a set-aside designation.

Quick answers

Who was awarded contract 2031ZA24F00502?

2031ZA24F00502 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on July 17, 2024.

How much is contract 2031ZA24F00502 worth?

The government has obligated $5,170,044 on 2031ZA24F00502.

Is contract 2031ZA24F00502 an order under another contract?

Yes. 2031ZA24F00502 is a delivery order under 2031ZA21D00002, an indefinite delivery contract.

Was contract 2031ZA24F00502 competed?

The extent of competition for 2031ZA24F00502 was full and open competition.

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