OVT
Ended Awarded Last action
- Contract number
- TEPW1621543
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $330,480
Award facts
- Contract value 100% obligated
- $330,480.00 Current and potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 322121 Paper (except Newsprint) Mills
- PSC
- 9310 Paper And Paperboard
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20228, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$432 | |
| Original award | $330,912 |
About this award
This federal contract award was issued by the Bureau of Engraving and Printing (BEP), a civilian agency within the U.S. Department of the Treasury. The $330,480.00 firm fixed-price delivery order was awarded to Crane & Co., Inc. and its Crane Currency division, the sole supplier of paper for U.S. currency.
The contract supports the BEP's ongoing currency manufacturing and counterfeit deterrence initiatives by providing distinctive and non-distinctive currency paper, security threads with advanced anti-counterfeiting technologies, and various test samples. This delivery order is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts held by Crane & Co., Inc. with the BEP, valued at $1.683 billion and $270 million respectively. These IDIQ contracts enable the BEP to issue task orders as needed for specialized currency production materials essential to Federal Reserve note manufacturing and Next Generation currency redesign efforts. The contract does not have a set-aside designation, reflecting Crane Currency's unique position as the sole technical source for these critical security materials.
Quick answers
Who was awarded contract TEPW1621543?
TEPW1621543 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on January 20, 2016.
How much is contract TEPW1621543 worth?
The government has obligated $330,480 on TEPW1621543.
Is contract TEPW1621543 an order under another contract?
Yes. TEPW1621543 is a delivery order under TEPD141769, an indefinite delivery contract.
Was contract TEPW1621543 competed?
The extent of competition for TEPW1621543 was not competed. The government received 1 offer.
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