March WCF OVT order.

Ended Awarded Last action

Contract number
TEPW1721661
Awardee
Awarding agency
Obligated
$870,653

Award facts

Contract value 100% obligated
$870,652.80 Current and potential, with all options
Completion date 100% complete
Current and 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
Change Order M0001 · Modification to correct tiered pricing. -$140,746
Original award $1,011,398

About this award

This contract award to Crane & Co., Inc. (Crane Currency division) is a firm fixed-price delivery order issued by the Bureau of Engraving and Printing (BEP), a component of the U.S. Department of the Treasury. The $870,652.80 award is for the provision of specialized currency paper and security materials to support the BEP's ongoing production of Federal Reserve notes and other secure documents.

The contract is not set-aside and reflects Crane Currency's unique position as the sole technical source for these critical currency production inputs. It is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts the company holds with the BEP, valued at $1.683 billion and $270 million respectively. These IDIQ vehicles enable the BEP to issue task orders for distinctive currency paper, non-distinctive banknote paper, security threads, and other specialized materials as needed to support Federal Reserve note manufacturing, counterfeit deterrence research, and Next Generation currency redesign initiatives.

Quick answers

Who was awarded contract TEPW1721661?

TEPW1721661 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on January 19, 2017.

How much is contract TEPW1721661 worth?

The government has obligated $870,653 on TEPW1721661.

Is contract TEPW1721661 an order under another contract?

Yes. TEPW1721661 is a delivery order under TEPD141769, an indefinite delivery contract.

Was contract TEPW1721661 competed?

The extent of competition for TEPW1721661 was not competed. The government received 1 offer.

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