Near infrared on-line currency inspection system

Ended Awarded

Contract number
A0500364
Awardee
Awarding agency
Obligated
$77,500

Award facts

Contract value <1% obligated
$23,825,000.00 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
No set-aside
Competition
2 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20228, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope 3 $77,500
Original award $0

About this award

This contract award is for a Near Infrared On-Line Currency Inspection System, with a ceiling value of $23,825,000.00, awarded to the foreign-owned, for-profit company Koenig & Bauer Banknote Solutions SA, also doing business as Kba-Notasys LTD. The contract was awarded by the U.S. Department of the Treasury's Bureau of Engraving and Printing (BEP) without a set-aside designation, reflecting the specialized nature of the company's offerings in the currency production sector. Koenig & Bauer Banknote Solutions SA is a leading global provider of specialized banknote printing equipment, spare parts, and maintenance services, and has received numerous contract awards from the BEP for various currency production-related products and services. The company also holds several significant Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the BEP, valued at approximately $40.8 million and $10.7 million, for the procurement of intaglio printing spare parts and original equipment manufacturer spare parts for the BEP's Next Generation Currency Production program, respectively. Additionally, the company holds a single-award Indefinite Delivery Contract with a ceiling value of $102,024,211.00 for the procurement of offset presses for BEP facilities.

Quick answers

Who was awarded contract A0500364?

A0500364 was awarded to Koenig & Bauer Banknote Solutions SA by Bureau of Engraving and Printing (Department of the Treasury) on March 23, 2005.

How much is contract A0500364 worth?

The government has obligated $77,500 on A0500364. Its current value, with exercised options, is $23,825,000.

Is contract A0500364 an order under another contract?

Yes. A0500364 is a delivery order under TEP040032, an indefinite delivery contract.

Was contract A0500364 competed?

The government received 2 offers.

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