Definitive Contract TEPJ1701566

Award Date 12/15/16
Potential Completion Date 12/1/25
Potential Value $77M
Ultimate Awardee
Not listed
Federal Contract Vehicle
Set-Aside Type
No Set-Aside Used
Extent Competed
Full and Open Competition
Major Defense Program
Not listed
Pricing Type
Firm Fixed Price
Place of Performance
Switzerland
Solicitation Procedures
Negotiated Proposal / Quote
Number Of Offers Received
2
Legislative Mandate
Not listed
National Interest Action
Not listed
Research Type
Not listed
Primary Consortia Member
Not listed
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Koenig & Bauer Banknote Solutions SA, doing business as Kba-Notasys LTD, is a leading global provider of specialized currency production equipment, spare parts, and maintenance services. Through this and other contracts, the company supplies the BEP with a range of mission-critical products and services essential to U.S. currency production operations. The contract does not have a set-aside designation. All performance occurs at the vendor's headquarters in Switzerland.

The contract is part of a larger effort by the BEP to maintain technologically advanced currency production capabilities through long-term partnerships with specialized international manufacturers. Koenig & Bauer Banknote Solutions SA holds three significant Indefinite Delivery Contracts (IDCs) with the BEP, valued at over $465 million, which enable the agency to efficiently procure critical currency production equipment and related services.

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