CP

Ended Awarded

Contract number
TEPW1621561
Awardee
Awarding agency
Obligated
$1,191,283

Award facts

Contract value 100% obligated
$1,191,283.20 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
Full and Open Competition · 1 offer Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20228, USA

Award details come from SAM.gov/FPDS.

About this award

This federal contract was awarded by the Bureau of Engraving and Printing (BEP), a civilian agency under the U.S. Department of the Treasury, to Crane & Co., Inc.'s Crane Currency division. The $1,191,283.20 firm fixed-price delivery order contract, awarded on March 4, 2016 with an ultimate completion date of August 20, 2020, is for the provision of specialized currency paper, security threads, and test samples to support the BEP's ongoing federal reserve note production and counterfeit deterrence initiatives. As the sole technical source for these critical currency materials, Crane Currency does not have a set-aside designation for this award. The contract is part of the company's larger Indefinite Delivery/Indefinite Quantity (IDIQ) agreements with the BEP, valued at $1.683 billion and $270 million respectively, which provide currency production materials and security features through 2024 and 2029.

Quick answers

Who was awarded contract TEPW1621561?

TEPW1621561 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on March 4, 2016.

How much is contract TEPW1621561 worth?

The government has obligated $1,191,283 on TEPW1621561.

Is contract TEPW1621561 an order under another contract?

Yes. TEPW1621561 is a delivery order under TEPD151774, an indefinite delivery contract.

Was contract TEPW1621561 competed?

The extent of competition for TEPW1621561 was full and open competition. The government received 1 offer.

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