2031ZA20D00001
Indefinite Delivery Contract
Overview
Government Description
Optical Variable Window Distinctive Security Thread (OVT) specification T: OVDS-1C, motiontm technology. The work performed includes the production and supply of optically variable distinctive security threads, approved for use as overt security features in next generation (NEXGEN) $100 federal reserve banknotes, and woven into currency paper to create window threads as major security features for US currency. Tasks also include delivery of OVT and window threads for both Western Currency Facility (WCF) and Eastern Currency Facility (ECF), as well as Micro-Optic Stripe (MOS) testing and supply for currency paper and test subjects. Orders encompass ongoing provision of next generation OVT and window threads for various production and testing requirements.
Awardee
Awarding / Funding Agency
Pricing
Fixed Price
Set Aside
None
Extent Competed
Not Competed
Multiple / Single Award
Single Award
Who Can Use
Single Agency
Individual Order Limit
$270,000,000
Vehicle Ceiling
$270,000,000 (49% Used)
Related Opportunity
Analysis Notes
Place of Performance Largest percentage of work under issued task orders completed at: Boston, Massachusetts 2108 United States.
Sole Source This IDC was awarded sole source to Crane & because the government believes that only one company can provide the product / service (FAR 6.302-1).
Amendment Since initial award the Ordering Period End Date was extended from 10/17/29 to 10/18/29.
Subcontracting Plan This IDC has a Commercial Subcontract Plan. The Department of the Treasury has an overall 2023 small business subcontracting goal of 20%
Sole Source This IDC was awarded sole source to Crane & because the government believes that only one company can provide the product / service (FAR 6.302-1).
Amendment Since initial award the Ordering Period End Date was extended from 10/17/29 to 10/18/29.
Subcontracting Plan This IDC has a Commercial Subcontract Plan. The Department of the Treasury has an overall 2023 small business subcontracting goal of 20%
Crane & was awarded
Indefinite Delivery Contract 2031ZA20D00001 (2031ZA-20-D-00001)
by
the Bureau of Engraving and Printing
for Optical Variable Window Distinctive Security Thread (OVT)
in October 2019.
The IDC
has a duration of 10 years and
was awarded
through solicitation Optically Variable Thread (OVT) Overt Security Feature for NXG $100 Banknote
full & open
with
NAICS 322121 and
PSC 9310
via sole source acquisition procedures with 1 bid received.
To date, $132,578,498 has been obligated through this vehicle.
The total ceiling is $270,000,000, of which 49% has been used.
Status
(Open)
Modified 10/31/25
Period of Performance
10/17/19
Start Date
10/18/29
Ordering Period End Date
Task Order Obligations
$132.6M
Total Obligated
$132.6M
Current Award
$132.6M
Potential Award
Federal Award Analysis
Historical federal task order obligations under 2031ZA20D00001
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Contracts
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Subcontracts
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Grants
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Subgrants
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Total
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| Year | Contracts | Subcontracts | Grants | Subgrants |
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Contract Awards
Prime task orders awarded under 2031ZA20D00001
Subcontract Awards
Disclosed subcontracts for 2031ZA20D00001
Opportunity Lifecycle
Procurement history for 2031ZA20D00001
Transaction History
Modifications to 2031ZA20D00001
People
Suggested agency contacts for 2031ZA20D00001
Competition
Number of Bidders
1
Solicitation Procedures
Sole Source
Other Than Full and Open Competition
Only One Source - Other
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No
Other Categorizations
Subcontracting Plan
Commercial Subcontract Plan
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
N4GVXK9MVN18
Awardee CAGE
16606
Agency Detail
Awarding Office
2031ZA OFFICE OF THE CHIEF PROCUREMENT OFFICER
Funding Office
2031ZA OFFICE OF THE CHIEF PROCUREMENT OFFICER
Created By
kimberly.read@bep.gov
Last Modified By
kimberly.read@bep.gov
Approved By
kimberly.read@bep.gov
Legislative
Legislative Mandates
None Applicable
Awardee District
MA-01
Senators
Edward Markey
Elizabeth Warren
Elizabeth Warren
Representative
Richard Neal
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Bureau of Engraving and Printing Fund, Treasury (020-4502) | Central fiscal operations | Supplies and materials (26.0) | $62,303,776 | 100% |
Last Modified: 10/31/25