Currency paper
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 2031ZA26D00001
- Awardee
-
Crane & Co., Inc. UEI N4GVXK9MVN18
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Task orders
- 3 $22,330,849 obligated
Award facts
- Opportunity
-
- Presolicitation Notice for Currency Paper Pre-Solicitation · 2031ZA25R00002 · Posted Nov 6, 2024
- Combined order value
- $22,330,849 Current and potential, with all options
- Last date to order 4% complete
- IDV ceiling 1% used
- $1,683,628,954.19
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 322120 Paper 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
- Legislative mandates
-
- 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. (Crane Currency Division) on August 26, 2026, with a ceiling of $1,683,628,954.19 and an ultimate completion date of December 31, 2031. This is a single-award contract with no set-aside used.
The contract covers distinctive currency paper, non-distinctive banknote paper, and optical variable window distinctive security threads for Federal Reserve note production across all denominations. Place of performance includes manufacturing facilities in Dalton, Massachusetts and Boston, Massachusetts (security threads), with secondary operations in Saginaw, Texas.
The originating pre-solicitation, posted November 6, 2024, required capability to provide specialized paper materials in various formats meeting technical and security specifications, with compliance to the Conte Amendment mandate for U.S. domestic manufacturing. The solicitation followed FAR 15.202 advisory multi-step procedures.
Recent delivery orders issued under this IDIQ include a $9,046,000 order (June 2026) for 50-subject distinctive currency type I paper, a $3,052,000 order (June 2026) for NextGen $100 distinctive currency paper, and a $799,200 order (June 2026) for optical variable window distinctive security threads. Crane Currency operates as sole prime contractor with no subcontractors, delivering all materials directly. The contractor holds the exclusive technical qualification as the federal government's sole source for these currency production materials.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| ECF november 2026 deliveries, currency paper | Bureau of Engraving and Printing | $13,936,652 | |
| WCF november 2026 deliveries, currency paper | Bureau of Engraving and Printing | $8,394,192 | |
| Currency paper (NOV 2026 deliveries) outturns | Bureau of Engraving and Printing | $5 |
Quick answers
Who was awarded contract 2031ZA26D00001?
2031ZA26D00001 was awarded to Crane & Co., Inc. by Bureau of Engraving and Printing (Department of the Treasury) on August 26, 2026.
How much is contract 2031ZA26D00001 worth?
Orders under 2031ZA26D00001 have obligated $22,330,849. 2031ZA26D00001's own ceiling is $1,683,628,954.
How many orders have been placed under contract 2031ZA26D00001?
3 orders have been placed under 2031ZA26D00001, the latest on September 2, 2026.
Who can order from contract 2031ZA26D00001?
2031ZA26D00001 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 2031ZA26D00001 competed?
The extent of competition for 2031ZA26D00001 was full and open competition. The government received 1 offer.
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