Delivery of OVT
Ended Awarded Last action
- Contract number
- TEPW1621564
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $853,805
Award facts
- Contract value 100% obligated
- $853,804.80 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
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Fort Worth, TX 76131, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $853,805 |
About this award
This federal contract award TEPD141769|TEPW1621564 was issued by the Bureau of Engraving and Printing (BEP), a civilian agency under the U.S. Department of the Treasury, to the prime contractor Crane & Co., Inc. The $853,804.80 firm fixed-price delivery order is for the DELIVERY OF OVT, which refers to the provision of distinctive currency paper, non-distinctive banknote paper, and other specialized security materials essential for Federal Reserve note production.
Crane & Co., Inc., through its Crane Currency division, is the sole supplier of paper for U.S. currency and serves as a critical vendor for the BEP's ongoing currency manufacturing and counterfeit deterrence initiatives. This contract award is not associated with a set-aside program, reflecting Crane Currency's unique position as the technical source for these critical currency production materials. The place of performance is primarily in Blue Mound, Texas and Dalton, Massachusetts, where Crane & Co., Inc. operates its manufacturing facilities.
This contract award is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts that Crane & Co., Inc. holds with the BEP, valued at $1.683 billion and $270 million respectively, which cover the provision of distinctive currency paper, non-distinctive banknote paper, security threads, and other specialized security materials for Federal Reserve note production through 2024 and 2029.
Quick answers
Who was awarded contract TEPW1621564?
TEPW1621564 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on May 21, 2016.
How much is contract TEPW1621564 worth?
The government has obligated $853,805 on TEPW1621564.
Is contract TEPW1621564 an order under another contract?
Yes. TEPW1621564 is a delivery order under TEPD141769, an indefinite delivery contract.
Was contract TEPW1621564 competed?
The extent of competition for TEPW1621564 was not competed. The government received 1 offer.
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