OVT
Ended Awarded Last action
- Contract number
- TEPW1621604
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $1,849,910
Award facts
- Contract value 100% obligated
- $1,849,910.40 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
- Fort Worth, TX 76131, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Original award | $1,849,910 |
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. (Crane Currency) as the prime contractor. The contract has a ceiling value of $1,849,910.40 and was awarded on July 14, 2016 with a completion date of September 25, 2019. It is a firm fixed-price delivery order contract type without any set-aside designation, reflecting Crane Currency's position as the sole supplier of specialized paper and security materials for U.S. currency production.
The contract supports the BEP's ongoing initiatives for manufacturing Federal Reserve notes and deterring counterfeiting. Crane Currency, through its Crane Currency division, provides a range of products including distinctive currency paper for different denominations, non-distinctive banknote paper, security threads with advanced anti-counterfeiting technologies, and various test samples. This contract is part of the BEP's larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracting vehicles with Crane, valued at $1.683 billion and $270 million, which enable the agency to issue task orders for currency production, counterfeit deterrence research, and Next Generation currency redesign initiatives.
Quick answers
Who was awarded contract TEPW1621604?
TEPW1621604 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on July 14, 2016.
How much is contract TEPW1621604 worth?
The government has obligated $1,849,910 on TEPW1621604.
Is contract TEPW1621604 an order under another contract?
Yes. TEPW1621604 is a delivery order under TEPD141769, an indefinite delivery contract.
Was contract TEPW1621604 competed?
The extent of competition for TEPW1621604 was not competed. The government received 1 offer.
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