Currency paper
Ended Awarded Last action
- Contract number
- TEPW1721672
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $8,190,130
Award facts
- Contract value 100% obligated
- $8,190,130.00 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.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Change Order | -$29,584 | |
| Other Administrative Action | -$180,098 | |
| Original award | $8,399,812 |
About this award
This federal contract award, valued at $8,190,130.00, 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 diversified manufacturing company with a specialized Crane Currency division that serves as the sole supplier of paper for United States currency.
The contract covers the delivery of CURRENCY PAPER, which includes distinctive currency paper for different denominations, non-distinctive banknote paper, security threads with advanced anti-counterfeiting technologies, and various test samples. This contract is not designated as a set-aside. Crane & Co., Inc. holds two significant Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the BEP, valued at $1.683 billion and $270 million respectively, which 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 TEPW1721672?
TEPW1721672 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on February 22, 2017.
How much is contract TEPW1721672 worth?
The government has obligated $8,190,130 on TEPW1721672.
Is contract TEPW1721672 an order under another contract?
Yes. TEPW1721672 is a delivery order under TEPD151774, an indefinite delivery contract.
Was contract TEPW1721672 competed?
The extent of competition for TEPW1721672 was full and open competition. The government received 1 offer.
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