Currency paper

Ended Awarded Last action

Contract number
2031ZA25F00414
Awardee
Awarding agency
Obligated
$12,579,664

Award facts

Contract value 100% obligated
$12,579,664.00 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
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.

Transactions

Action Obligated Date
Other Administrative Action P00001 $0
Original award $12,579,664

About this award

This federal contract award from the Bureau of Engraving and Printing (BEP), a division of the U.S. Department of the Treasury, is for the procurement of CURRENCY PAPER. The contract was awarded to Crane & Co., Inc., a diversified manufacturing company based in Dalton, Massachusetts, through its Crane Currency division, which serves as the exclusive supplier of paper and security materials for U.S. currency.

The contract is a Delivery Order with a Firm Fixed Price pricing type, has a ceiling value of $12,579,664.00, and an ultimate completion date of August 29, 2025. This award is not associated with any set-aside designation. Crane & Co., Inc. holds two significant Indefinite-Delivery/Indefinite-Quantity (IDIQ) contracts with the BEP valued at $1.683 billion and $270 million, which cover the provision of distinctive currency paper, non-distinctive banknote paper, and specialized security materials essential for Federal Reserve note production. The contracts enable the BEP to issue task orders as needed to support ongoing currency manufacturing, counterfeit deterrence research, and next-generation currency design initiatives.

Quick answers

Who was awarded contract 2031ZA25F00414?

2031ZA25F00414 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on June 16, 2025.

How much is contract 2031ZA25F00414 worth?

The government has obligated $12,579,664 on 2031ZA25F00414.

Is contract 2031ZA25F00414 an order under another contract?

Yes. 2031ZA25F00414 is a delivery order under 2031ZA21D00002, an indefinite delivery contract.

Was contract 2031ZA25F00414 competed?

The extent of competition for 2031ZA25F00414 was full and open competition.

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