July order of currency paper for delivery to ECF
Ended Awarded
- Contract number
- TEPB1533485
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $3,519,234
Award facts
- Contract value 100% obligated
- $3,519,234.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 322121 Paper (except Newsprint) Mills
- PSC
- 9310 Paper And Paperboard
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20228, USA
Award details come from SAM.gov/FPDS.
About this award
This federal contract award, valued at $3,519,234.00, was issued by the Bureau of Engraving and Printing (BEP), a civilian agency under the U.S. Department of the Treasury. The contract was awarded to Crane & Co., Inc., a diversified manufacturing company with a specialized Crane Currency division that serves as the sole supplier of paper for U.S. currency.
The contract is a firm fixed-price delivery order for the provision of currency paper for delivery to the BEP. It does not have a set-aside designation, reflecting Crane Currency's unique position as the technical source for these critical currency production materials. The contract supports the BEP's ongoing currency manufacturing and counterfeit deterrence initiatives, with performance locations primarily in Massachusetts and Texas. 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, security threads, and other specialized security materials essential for Federal Reserve note production.
Quick answers
Who was awarded contract TEPB1533485?
TEPB1533485 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on May 19, 2015.
How much is contract TEPB1533485 worth?
The government has obligated $3,519,234 on TEPB1533485.
Is contract TEPB1533485 an order under another contract?
Yes. TEPB1533485 is a delivery order under TEP110015, an indefinite delivery contract.
Was contract TEPB1533485 competed?
The extent of competition for TEPB1533485 was full and open competition. The government received 1 offer.
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