Award
Ended Awarded Last action
- Contract number
- TEPW1621595
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $1,759,860
Award facts
- Contract value 100% obligated
- $1,759,860.00 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
- 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 $1,759,860.00, was issued by the Bureau of Engraving and Printing (BEP), a civilian agency under the U.S. Department of the Treasury. The prime contractor is Crane & Co., Inc., a manufacturing company with a specialized division called Crane Currency that serves as the sole supplier of paper for U.S. currency.
The contract involves the delivery of distinctive and non-distinctive currency paper, security threads, and advanced security features to support the BEP's ongoing currency manufacturing and counterfeit deterrence initiatives. It is a firm fixed-price delivery order contract, with performance locations in Massachusetts and Texas. The contract does not have a set-aside designation, reflecting Crane Currency's unique position as the sole technical source for these critical currency production materials. This award is part of two larger Indefinite Delivery/Indefinite Quantity (IDIQ) contracts that Crane & Co., Inc. holds with the BEP, valued at $1.683 billion and $270 million respectively, which cover the provision of specialized security materials essential for Federal Reserve note production.
Quick answers
Who was awarded contract TEPW1621595?
TEPW1621595 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on June 27, 2016.
How much is contract TEPW1621595 worth?
The government has obligated $1,759,860 on TEPW1621595.
Is contract TEPW1621595 an order under another contract?
Yes. TEPW1621595 is a delivery order under TEPD151774, an indefinite delivery contract.
Was contract TEPW1621595 competed?
The extent of competition for TEPW1621595 was full and open competition. The government received 1 offer.
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