July paper
Ended Awarded
- Contract number
- TEPW1621581
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $6,078,264
Award facts
- Contract value 100% obligated
- $6,078,264.00 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
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Fort Worth, TX 76131, USA
Award details come from SAM.gov/FPDS.
About this award
This federal contract award, valued at $6,078,264.00, was issued by the Bureau of Engraving and Printing (BEP), a civilian agency within the U.S. Department of the Treasury. The award was granted to Crane & Co., Inc., a manufacturer of specialized currency paper and security materials. The contract is a delivery order that does not have a set-aside designation, reflecting Crane's unique position as the sole technical source for these critical currency production materials.
The contract covers the provision of distinctive currency paper, non-distinctive banknote paper, security threads, and various test samples essential for the production of Federal Reserve notes and other secure documents. Crane & Co. holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the BEP, valued at $1.683 billion and $270 million respectively, that enable the agency to issue task orders as needed to support ongoing currency production, counterfeit deterrence research, and Next Generation currency redesign initiatives.
Quick answers
Who was awarded contract TEPW1621581?
TEPW1621581 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on May 23, 2016.
How much is contract TEPW1621581 worth?
The government has obligated $6,078,264 on TEPW1621581.
Is contract TEPW1621581 an order under another contract?
Yes. TEPW1621581 is a delivery order under TEPD151774, an indefinite delivery contract.
Was contract TEPW1621581 competed?
The extent of competition for TEPW1621581 was full and open competition. The government received 1 offer.
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