June delivery of currency paper to WCF
Ended Awarded Last action
- Contract number
- TEPW1521453
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $5,954,418
Award facts
- Contract value 100% obligated
- $5,954,418.00 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Change Order | $0 | |
| Original award | $5,954,418 |
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. and its Crane Currency division. The $5,954,418.00 contract is for the June 2015 delivery of currency paper to the BEP, which is the sole supplier of paper for U.S. currency. Crane Currency is the sole technical source for the specialized currency paper, security threads, and other critical security materials required for Federal Reserve note production and counterfeit deterrence initiatives. This delivery order is part of larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts held by Crane Currency with the BEP, valued at $1.683 billion and $270 million respectively, that support ongoing currency manufacturing and research and development efforts. The contract does not have a set-aside designation, reflecting Crane Currency's unique position as the sole provider of these essential currency production materials.
Quick answers
Who was awarded contract TEPW1521453?
TEPW1521453 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on April 14, 2015.
How much is contract TEPW1521453 worth?
The government has obligated $5,954,418 on TEPW1521453.
Is contract TEPW1521453 an order under another contract?
Yes. TEPW1521453 is a delivery order under TEP110015, an indefinite delivery contract.
Was contract TEPW1521453 competed?
The extent of competition for TEPW1521453 was full and open competition. The government received 1 offer.
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