Treasury Award | 2031ZA20D00001 | OPTICAL VARIABLE WINDOW DISTINCTIVE SECURITY THREAD (OVT) SPECIFICATION T: OVDS-1C. MOTIONTM TECHNOLOGY.

2031ZA20D00001 - OPTICAL VARIABLE WINDOW DISTINCTIVE SECURITY THREA...

Federal Contract Award Search » IDC Award

This IDC contract for Petro-Chemical Industries > Industrial Products & Services, Consumer Products > Sustainment S&E, Industrial Products & Machinery > Industrial Products & Services was awarded in FY2020 on October 18, 2019 to Crane & Co, Inc by Office of the Chief Procurement Officer. There have been $104.2M in obligations to date with a ceiling value of $270M, showing a 39% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 10 year duration with ultimate completion date of October 16, 2029.

Crane & Co, Inc is a contractor located in MA, doing primarily Consumer Products > Sustainment S&E work for Treasury. The company receives $194.2M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Contract Number
2031ZA20D00001
Contractor
CRANE & CO., INC.
Obligations to Date
$104.2M
Ceiling Value
$270M
Award Date
10/18/2019
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Treasury » Bureau of Engraving and Printing » BEP Chief Financial Officer » Office of the Chief Procurement Officer


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Task Order History

Task Order No. Contractor Obligations Effective Date
2031ZA20F00068 CRANE & CO., INC. $1.8M 11/15/2019
2031ZA20F00092 CRANE & CO., INC. $175.3k 11/22/2019
2031ZA20F00129 CRANE & CO., INC. $526k 12/12/2019
2031ZA20F00130 CRANE & CO., INC. $701.4k 12/12/2019
2031ZA20F00372 CRANE & CO., INC. $350.7k 01/23/2020
2031ZA20F00399 CRANE & CO., INC. $1.1M 01/30/2020
2031ZA20F00418 CRANE & CO., INC. $350.7k 02/14/2020
2031ZA20F00419 CRANE & CO., INC. $1.1M 02/14/2020
2031ZA20F00472 CRANE & CO., INC. $876.7k 03/18/2020
2031ZA20F00471 CRANE & CO., INC. $0k 03/18/2020
2031ZA20F00518 CRANE & CO., INC. $1.7M 04/16/2020
2031ZA20F00524 CRANE & CO., INC. $175.3k 04/20/2020
2031ZA20F00573 CRANE & CO., INC. $414.7k 05/26/2020
2031ZA20F00592 CRANE & CO., INC. $1.8M 05/29/2020
2031ZA20F00635 CRANE & CO., INC. $1.5M 06/17/2020
2031ZA20F00670 CRANE & CO., INC. $1.4M 07/10/2020
2031ZA20F00671 CRANE & CO., INC. $138.2k 07/10/2020
2031ZA20F00746 CRANE & CO., INC. $1.7M 08/20/2020
2031ZA20F00800 CRANE & CO., INC. $1.4M 09/25/2020
2031ZA20F00799 CRANE & CO., INC. $553k 09/25/2020

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