FY22 ECF currency INK order- base year

Ended Awarded Last action

Contract number
2031ZA22F00420
Awardee
Awarding agency
Obligated
$9,170,657

Award facts

Contract value 100% obligated
$9,170,656.56 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
NAICS code
325910 Printing Ink Manufacturing
PSC
6810 Chemicals
Set-aside
No set-aside
Competition
Not Competed Only One Source
Pricing
Firm Fixed Price
Place of performance
Springfield, VA 22153, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

About this award

The Bureau of Engraving and Printing awarded a Firm Fixed Price delivery order valued at $9.17M to Sicpa Securink Corp for FY22 currency ink supplies, with an ultimate completion date of July 23, 2023. This delivery order, issued without set-aside designation, represents a single task order under one of Sicpa Securink's four primary Indefinite Delivery Contracts with BEP. As the sole known source for specialized security printing inks and materials, Sicpa Securink supplies a comprehensive portfolio of products essential to U.S. currency production, including intaglio inks, offset inks, optically variable inks, infrared-opaque and infrared-transparent inks, metallic inks, and advanced color-shifting magnetic inks designed to support anti-counterfeiting capabilities.

Sicpa Securink Corp, a foreign-owned manufacturer headquartered in Springfield, Virginia, maintains the dominant role in BEP's ink procurement strategy through its proprietary technology and exclusive manufacturing capabilities. Work under this delivery order is performed at the company's Springfield facility and at BEP locations in Washington, DC and Springfield. The company's largest IDC, valued at $591.83M through July 2027, serves as the primary vehicle for BEP's specialized ink requirements, while three additional IDCs address color-shifting magnetic inks, research and development services, and letterpress inks, collectively totaling over $100M in contract value through 2030. All contracts reflect Sicpa Securink's determination as the only qualified provider of these critical materials required for maintaining the integrity of Federal Reserve notes.

Quick answers

Who was awarded contract 2031ZA22F00420?

2031ZA22F00420 was awarded to Sicpa Securink Corp by Bureau of Engraving and Printing (Department of the Treasury) on August 5, 2022.

How much is contract 2031ZA22F00420 worth?

The government has obligated $9,170,657 on 2031ZA22F00420.

Is contract 2031ZA22F00420 an order under another contract?

Yes. 2031ZA22F00420 is a delivery order under 2031ZA22D00006, an indefinite delivery contract.

Was contract 2031ZA22F00420 competed?

The extent of competition for 2031ZA22F00420 was not competed.

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