Currency paper
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 2031ZA21D00002
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Task orders
- 209 $1,099,027,507 obligated
Award facts
- Opportunity
-
- U. S. Currency Paper Pre-Solicitation · 2031ZA20R00003 · Posted Nov 25, 2019
- U. S. Currency Paper Solicitation · Posted Dec 19, 2019
- Combined order value
- $1,099,027,507 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 65% used
- $1,683,628,954.19
- Maximum order
- $1,683,628,954.19
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 322121 Paper (except Newsprint) Mills
- PSC
- 3615 Pulp And Paper Industries Machinery
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Walsh-Healey Public Contracts Act FAR subpart 22.6
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
About this IDV
The Bureau of Engraving and Printing awarded an indefinite-delivery contract to Crane & Co., Inc. (doing business as Crane Currency) on February 18, 2021, with a ceiling value of $1.683 billion and an ultimate completion date of August 26, 2026. This is a single-award contract with no set-aside designation.
Work is performed in Dalton, Massachusetts, where Crane Currency manufactures distinctive and non-distinctive banknote papers, security threads, and specialized test materials. The contract supplies currency substrates for Federal Reserve note production at both the Bureau's Eastern and Western Currency Facilities, as well as materials supporting counterfeit deterrence research and next-generation currency design initiatives for denominations including $1, $5, $10, $20, $50, and $100 notes.
The originating solicitation, posted November 25, 2019, requested proposals from domestic paper manufacturers capable of supplying distinctive currency paper, non-distinctive banknote paper, and security papers meeting Bureau specifications. Offerors were required to demonstrate manufacturing capacity, technical expertise, quality certifications, and physical and personnel security controls to protect currency security features. The Conte Amendment required offeror ownership and control within the United States and use of cotton-linen paper containing security features.
Crane & Co., Inc. serves as the prime contractor with no subcontractors on this contract. The company holds a second IDIQ with the Bureau valued at $270 million for optical variable window distinctive security threads extending through 2029.
Recent delivery orders issued under this IDIQ include currency paper orders for March and May 2026 production ($100, $20, $5, and $1 denominations), test papers for next-generation currency designs, non-distinctive banknote materials, and specialized samples. Delivery order values range from three hundred thirty dollars to $12.1 million, with most orders placed in June 2026 and prior months for completion between March and August 2026. All orders are firm fixed-price with no set-aside designations.
Task orders
Show 40 more
Latest 50 of 209 listed here. See the rest on GovTribe.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Change Order | $0 | |
| Change Order | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $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 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Show all 30
Quick answers
Who was awarded contract 2031ZA21D00002?
2031ZA21D00002 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on February 18, 2021.
How much is contract 2031ZA21D00002 worth?
Orders under 2031ZA21D00002 have obligated $1,099,027,507. Their combined current value, with exercised options, is $1,099,027,507. 2031ZA21D00002's own ceiling is $1,683,628,954. A single order can be worth up to $1,683,628,954.
How many orders have been placed under contract 2031ZA21D00002?
209 orders have been placed under 2031ZA21D00002, the latest on August 20, 2026.
Who can order from contract 2031ZA21D00002?
2031ZA21D00002 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031ZA21D00002 competed?
The extent of competition for 2031ZA21D00002 was full and open competition. The government received 1 offer.
On GovTribe
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