This Government Contract opportunity was posted on October 31, 2019. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Optically Variable Thread (OVT) Overt Security Feature for NXG $100 Banknote
Contract Overview
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This contract awards Crane & Co, Inc. the production of the Optically Variable Thread (OVT), a critical overt security feature for the NXG $100 Federal Reserve Note. The technology has been vetted and approved by the U.S. Department of the Treasury, the Federal Reserve Board, the United States Secret Service, and the Bureau of Engraving and Printing to ensure it meets strict standardization requirements for currency security. The agreement is structured as a follow-on sole-source acquisition under the authority of 41 U.S.C. 3304(a)(1) and FAR 6.302-1, based on the determination that Crane & Co, Inc. is the only responsible source capable of satisfying the agency's requirements. The contract includes a special provision extending beyond five years, featuring a total ordering period of ten years for contract performance.
General Info
Agency
Contract Value
$0Place of Performance
USASet-Aside
Awardee
CRANE & CO., INC.Award Issued Date
Documents
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Timeline
Submission Closed
Organization & Contact Information
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