OVT
Ended Awarded
- Contract number
- TEPW1621562
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $462,902
Award facts
- Contract value 100% obligated
- $462,902.40 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.
About this award
This federal contract award, valued at $462,902.40, was issued by the Bureau of Engraving and Printing (BEP), a civilian agency within the U.S. Department of the Treasury, to the prime contractor Crane & Co., Inc. and its Crane Currency division. The contract is a firm fixed-price delivery order with no set-aside designation, reflecting Crane Currency's position as the sole technical source for the specialized currency paper, security threads, and advanced security features required for the production of Federal Reserve notes and other secure documents.
This contract award is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts held by Crane & Co., Inc. with the BEP. The primary IDIQ contract, valued at $1.683 billion, covers the provision of distinctive currency paper, non-distinctive banknote paper, and other specialized security materials. A second $270 million IDIQ contract focuses specifically on optical variable window security threads. These contracts enable the BEP to issue task orders as needed to support ongoing currency production, counterfeit deterrence research, and Next Generation currency redesign initiatives.
Quick answers
Who was awarded contract TEPW1621562?
TEPW1621562 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on March 4, 2016.
How much is contract TEPW1621562 worth?
The government has obligated $462,902 on TEPW1621562.
Is contract TEPW1621562 an order under another contract?
Yes. TEPW1621562 is a delivery order under TEPD141769, an indefinite delivery contract.
Was contract TEPW1621562 competed?
The extent of competition for TEPW1621562 was not competed. The government received 1 offer.
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