Paper order

Ended Awarded Last action

Contract number
TEPW1621601
Awardee
Awarding agency
Obligated
$8,845,246

Award facts

Contract value 100% obligated
$8,845,245.60 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
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.

Transactions

Action Obligated Date
Modification $8,850,482
Other Administrative Action M0001 · Paper -$5,236

About this award

This is a federal contract award to Crane & Co., Inc., a for-profit manufacturing company, for the provision of currency paper and specialized security materials to the U.S. Department of the Treasury's Bureau of Engraving and Printing (BEP). The contract, valued at $8,845,245.60, is a firm fixed-price delivery order that does not have a set-aside designation. Crane & Co. is the sole supplier of these critical materials, which include distinctive currency paper for different denominations, non-distinctive banknote paper, and advanced security threads. The contract supports the BEP's ongoing currency manufacturing and counterfeit deterrence initiatives. Crane & Co. also holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the BEP, valued at $1.683 billion and $270 million, for the provision of a wider range of currency production materials and security features through 2024 and 2029.

Quick answers

Who was awarded contract TEPW1621601?

TEPW1621601 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on July 14, 2016.

How much is contract TEPW1621601 worth?

The government has obligated $8,845,246 on TEPW1621601.

Is contract TEPW1621601 an order under another contract?

Yes. TEPW1621601 is a delivery order under TEPD151774, an indefinite delivery contract.

Was contract TEPW1621601 competed?

The extent of competition for TEPW1621601 was full and open competition. The government received 1 offer.

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