Press overhauls
Ended Definitive Contract Awarded
- Contract number
- TEPS1502341
- Awardee
-
Koenig & Bauer Banknote Solutions SA UEI TCZFWUA1HE55
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $680,000
Award facts
- Opportunity
-
- Press Rebuild Award Notice · Posted Oct 1, 2015
- Contract value 100% obligated
- $680,000.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 333244 Printing Machinery and Equipment Manufacturing
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20228, USA
Award details come from SAM.gov/FPDS.
About this award
This federal contract award is for PRESS OVERHAULS provided by Koenig & Bauer Banknote Solutions SA, a foreign-owned, for-profit company headquartered in Switzerland. The award, valued at $680,000.00, was made by the U.S. Bureau of Engraving and Printing (BEP), a civilian agency, on September 28, 2015. The contract is a Definitive Contract with a Firm Fixed Price pricing type, and has an ultimate completion date of March 28, 2016. The contract does not have a set-aside designation.
Koenig & Bauer Banknote Solutions SA, also known as Kba-Notasys LTD, is a leading global provider of specialized banknote printing technologies and currency production equipment. Through this and other federal contract awards, the company supplies the BEP with a diverse range of mission-critical products and services essential to U.S. currency production, including specialized printing presses, spare parts, maintenance support, training, and technical services.
In addition to this specific contract, Koenig & Bauer Banknote Solutions SA holds three significant Indefinite Delivery Contracts (IDCs) with the BEP, valued at $100 million, $263,076,664, and $102,024,211, for the procurement of offset presses, intaglio presses, and related equipment and services. These long-term partnerships demonstrate the BEP's strategic approach to maintaining technologically advanced currency production capabilities.
Quick answers
Who was awarded contract TEPS1502341?
TEPS1502341 was awarded to Koenig & Bauer Banknote Solutions SA by Bureau of Engraving and Printing (Department of the Treasury) on September 28, 2015.
How much is contract TEPS1502341 worth?
The government has obligated $680,000 on TEPS1502341.
Was contract TEPS1502341 competed?
The extent of competition for TEPS1502341 was not competed. The government received 1 offer.
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