Hot foil machine
Active Definitive Contract Awarded Last action
- Contract number
- 2031ZA23C00254
- Awardee
-
Koenig & Bauer Banknote Solutions SA UEI TCZFWUA1HE55
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $80,151,472
Award facts
- Opportunity
-
- Hot Foil Machine Pre-Solicitation · 2031ZA23R00005 · Posted Mar 2, 2023
- Contract value 49% obligated
-
- $80,151,471.80 Current, with exercised options
- $163,350,671.80 Potential, with all options
- Completion date 34% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 333248 All Other Industrial Machinery Manufacturing
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Switzerland
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $904,180 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $1,356,270 | |
| Supplemental Agreement for work within scope | $995,589 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $174,143 | |
| Supplemental Agreement for work within scope | $63,771,400 | |
| Original award | $12,949,890 |
About this award
The Bureau of Engraving and Printing, within the Department of the Treasury, awarded a definitive contract with a $163.35 million ceiling to Koenig & Bauer Banknote Solutions SA for hot foil machines on September 30, 2023. The procurement was full and open with no set-aside used, and the contract is firm fixed price with an ultimate completion date of September 30, 2032. The prime is Switzerland-headquartered and foreign-owned, carries no SBA certifications, and has no identified subcontractors.
Place of performance is Switzerland. Modification P00009 temporarily revises the delivery location for Foil Press #4. The originating pre-solicitation, posted March 2, 2023 with proposals due April 3, 2023, calls for hot foil machines that apply counterfeit deterrent features to future currency designs using hot stamp application. Required capabilities include feeding and registering sheets and films, applying patches or stripes, respooling unused materials, curing adhesives, inspecting and sorting sheets, and a user interface for operation and data capture. Options cover additional machines, die-cutting and laminating capabilities, spare parts, testing, and delivery to BEP facilities in Washington, DC and Fort Worth, Texas. The government estimates delivering one machine within the timeline, with more possible under option years. The anticipated NAICS code is 333248, other industrial machinery manufacturing.
Quick answers
Who was awarded contract 2031ZA23C00254?
2031ZA23C00254 was awarded to Koenig & Bauer Banknote Solutions SA by Bureau of Engraving and Printing (Department of the Treasury) on September 30, 2023.
How much is contract 2031ZA23C00254 worth?
The government has obligated $80,151,472 on 2031ZA23C00254. Its potential value, with all options, is $163,350,672.
Was contract 2031ZA23C00254 competed?
The extent of competition for 2031ZA23C00254 was full and open competition. The government received 1 offer.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award