OVT order

Ended Awarded Last action

Contract number
TEPW1621582
Awardee
Awarding agency
Obligated
$1,423,008

Award facts

Contract value 100% obligated
$1,423,008.00 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
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 M0001 · OVT $0
Original award $1,423,008

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, to Crane & Co., Inc.'s Crane Currency division. The firm fixed-price delivery order, valued at $1,423,008.00, is for the provision of distinctive and non-distinctive currency paper, security threads, and other specialized security materials essential for Federal Reserve note production. The contract has no set-aside designation, reflecting Crane Currency's unique position as the sole technical source for these critical currency production inputs. The award is associated with two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts held by Crane Currency, valued at $1.683 billion and $270 million respectively, which enable the BEP to issue task orders for ongoing currency manufacturing, counterfeit deterrence research, and Next Generation currency redesign initiatives. This federal contract supports the BEP's mission to design, produce, and distribute U.S. currency and other security documents.

Quick answers

Who was awarded contract TEPW1621582?

TEPW1621582 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on May 24, 2016.

How much is contract TEPW1621582 worth?

The government has obligated $1,423,008 on TEPW1621582.

Is contract TEPW1621582 an order under another contract?

Yes. TEPW1621582 is a delivery order under TEPD141769, an indefinite delivery contract.

Was contract TEPW1621582 competed?

The extent of competition for TEPW1621582 was not competed. The government received 1 offer.

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