Exercise lot II clin 0019, lot III clin 0029 and lot IV clin 0039
Ended Awarded
- Contract number
- A0500524
- Awardee
-
Koenig & Bauer Banknote Solutions SA UEI TCZFWUA1HE55
- Awarding agency
-
Bureau of Engraving and Printing
Department of the Treasury
- Obligated
- $1,521,000
Award facts
- Contract value 6% obligated
-
- $25,219,000.00 Current, with exercised options
- $25,346,500.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 333293 Printing Machinery and Equipment Manufacturing
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Sealed Bid
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20228, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $1,521,000 | |
| Original award | $0 |
About this award
This federal contract award, with the ID TEP040032|A0500524, was issued by the U.S. Department of the Treasury's Bureau of Engraving and Printing (BEP) to the prime contractor Koenig & Bauer Banknote Solutions SA, a foreign-owned for-profit company headquartered in Switzerland. The award, with a ceiling value of $25,346,500.00, is a Delivery Order contract of the Firm Fixed Price type. The contract provides for the delivery of various currency production equipment, spare parts, and maintenance services to support the BEP's currency production operations, including rotary screen presses, intaglio test presses, hot foil machines, and offset presses. Koenig & Bauer Banknote Solutions SA, also doing business as Kba-Notasys LTD, is a leading global provider of specialized banknote printing equipment and services. The contract does not have a set-aside designation, as the company's offerings are highly specialized in the currency production sector. Koenig & Bauer Banknote Solutions SA also holds several significant Indefinite Delivery/Indefinite Quantity (IDIQ) contracts with the BEP, including a $40.8 million contract for intaglio printing spare parts and a $10.7 million contract for original equipment manufacturer spare parts for the BEP's Next Generation Currency Production program.
Quick answers
Who was awarded contract A0500524?
A0500524 was awarded to Koenig & Bauer Banknote Solutions SA by Bureau of Engraving and Printing (Department of the Treasury) on August 16, 2005.
How much is contract A0500524 worth?
The government has obligated $1,521,000 on A0500524. Its current value, with exercised options, is $25,219,000. Its potential value, with all options, is $25,346,500.
Is contract A0500524 an order under another contract?
Yes. A0500524 is a delivery order under TEP040032, an indefinite delivery contract.
Was contract A0500524 competed?
The extent of competition for A0500524 was full and open competition. The government received 2 offers.
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