September delivery of currency paper to WCF
Ended Awarded
- Contract number
- TEPW1521471
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $8,876,574
Award facts
- Contract value 100% obligated
- $8,876,574.00 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 $8,876,574.00, 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 manufacturing company with a specialized Crane Currency division that serves as the sole supplier of paper for United States currency.
The contract is a delivery order for the September 2015 delivery of currency paper to the BEP. It is a firm fixed-price contract with no 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 Crane Currency providing a range of products including distinctive currency paper, non-distinctive banknote paper, security threads, and test samples.
Crane & Co., Inc. holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the BEP, valued at $1.683 billion and $270 million respectively, which cover the provision of currency paper, security threads, and other specialized materials essential for Federal Reserve note production. These long-term contracts enable the BEP to issue task orders as needed, supporting the agency's currency production, counterfeit deterrence research, and Next Generation currency redesign initiatives.
Quick answers
Who was awarded contract TEPW1521471?
TEPW1521471 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on June 9, 2015.
How much is contract TEPW1521471 worth?
The government has obligated $8,876,574 on TEPW1521471.
Is contract TEPW1521471 an order under another contract?
Yes. TEPW1521471 is a delivery order under TEP110015, an indefinite delivery contract.
Was contract TEPW1521471 competed?
The extent of competition for TEPW1521471 was full and open competition. The government received 1 offer.
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