This indefinite delivery contract is awarded by the Department of the Treasury's Bureau of Engraving and Printing (BEP) to Crane & Co., Inc.'s Crane Currency division, the sole supplier of U.S. currency paper and security threads. The $270 million contract covers the provision of optical variable window distinctive security threads incorporating advanced anti-counterfeiting technology for integration into Federal Reserve notes and other secure documents produced by the BEP.
The contract enables the BEP to issue firm-fixed-price delivery orders as needed to obtain specialized currency paper, security threads, and test samples from Crane Currency to support the agency's ongoing currency production, counterfeit deterrence research, and next-generation currency design initiatives. The contract does not utilize any set-aside designations, reflecting Crane Currency's unique technical capabilities as the sole qualified source for these critical national security materials. The contract has a period of performance through 2029.
Generated 1/15/25, 9:04 AM