Optical variable window distinctive security thread (OVT) specification t: ovds-1C. Motiontm technology.
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 2031ZA20D00001
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Task orders
- 165 $140,996,162 obligated
Award facts
- Opportunity
-
- Optically Variable Distinctive Security Thread Special Notice · 2031ZA19R00004 · Posted Feb 28, 2019
- Optically Variable Thread (OVT) Overt Security Feature for NXG $100 Banknote Award Notice · Posted Oct 31, 2019
- Combined order value
- $140,996,162 Current and potential, with all options
- Last date to order 70% complete
- IDV ceiling 52% used
- $270,000,000.00
- Maximum order
- $270,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 322121 Paper (except Newsprint) Mills
- PSC
- 9310 Paper And Paperboard
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Bureau of Engraving and Printing awarded a single-award indefinite-delivery contract to Crane & Co., Inc. for $270 million on October 18, 2019, with an ultimate completion date of October 17, 2029, to procure optical variable window distinctive security threads incorporating Motion anti-counterfeiting technology for Federal Reserve note production.
Place of performance includes Boston, Massachusetts and Dalton, Massachusetts. The contract supports the Bureau's currency manufacturing operations, counterfeit deterrence research, and next-generation currency design initiatives across the Eastern and Western Currency Facilities.
The originating solicitation, published as a Special Notice on February 28, 2019, communicated the Bureau's intent to award a sole-source contract for optically variable security thread to be integrated into next-generation Federal Reserve notes. The Notice required interested parties to submit capability statements by March 15, 2019, though the Bureau maintained sole discretion to proceed with sole-source award to Crane & Co. as the only supplier qualified to provide the specialized thread approved for currency integration.
Recent delivery orders issued under this IDIQ reflect ongoing thread procurement spanning 2024 through 2026. Notable orders include a $799,200 window thread order awarded June 17, 2026, with completion by August 26, 2026; a $1,198,800 order for Next Generation thread materials awarded April 2, 2026, with completion by June 24, 2026; and a $1,198,800 optically variable thread order awarded January 30, 2026, extending through April 29, 2029. Additional 2024 and 2025 orders for WINTHRD-NXG window thread and micro-optic stripe test materials range from approximately $40,000 to $765,000 per order, with performance locations in Boston and Dalton, Massachusetts. All delivery orders carry firm fixed pricing with no set-aside designations.
Task orders
Show 40 more
Latest 50 of 165 listed here. See the rest on GovTribe.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Show all 14
Quick answers
Who was awarded contract 2031ZA20D00001?
2031ZA20D00001 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on October 18, 2019.
How much is contract 2031ZA20D00001 worth?
Orders under 2031ZA20D00001 have obligated $140,996,162. 2031ZA20D00001's own ceiling is $270,000,000. A single order can be worth up to $270,000,000.
How many orders have been placed under contract 2031ZA20D00001?
165 orders have been placed under 2031ZA20D00001, the latest on October 8, 2026.
Who can order from contract 2031ZA20D00001?
2031ZA20D00001 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031ZA20D00001 competed?
The extent of competition for 2031ZA20D00001 was not competed. The government received 1 offer.
On GovTribe
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