Quicksilver III with an ordering period of five years from the date of award.

Active Indefinite Delivery Contract Awarded Last action

Contract number
2031ZA25D00006
Awardee
Awarding agency
Task orders
13 $6,031,236 obligated

Award facts

Opportunity
Combined order value
  • $6,031,236 Current, with exercised options
  • $8,774,310 Potential, with all options
Last date to order 24% complete
IDV ceiling 16% used
$38,013,000.00
Maximum order
$38,013,000.00
Award type
Single award
Who can order
Only the awarding agency
Contracting staff
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

The Bureau of Engraving and Printing awarded an Indefinite Delivery Contract to Sicpa Securink Corp on August 8, 2025, for color-shifting magnetic inks and research and development services supporting advanced security features for U.S. currency, with a ceiling of $38.013 million and a five-year ordering period ending July 18, 2030. This is a single-award contract with no set-aside designation, awarded on a sole-source basis to Sicpa Securink Corp as the only known source possessing the proprietary intellectual property and technical capabilities required for these specialized security printing materials.

Place of performance is Washington, DC, with work performed at BEP facilities in support of currency production and development of next-generation anti-counterfeiting technologies.

The originating solicitation, published as a Notice of Intent on April 15, 2025, identified the need for follow-on research and development services to continue a multi-phase technology development effort spanning Concept, Feasibility, Test & Optimization, and Technology Integration phases for security features in the Catalyst family of banknotes.

Recent delivery orders issued under this IDIQ include Task Order 10 ($582,248, awarded March 5, 2026) for optically variable screen ink and magnetic assemblies supporting Catalyst $50 currency development; Task Order 08 ($277,166, awarded January 22, 2026) for optically variable ink and photoinitiator to complete Phase 3 print trials of QuickSilver-B 2-color printing; Task Order 06 ($796,182, awarded January 12, 2026) for optically variable magnetic ink and iridescent ink for NotaScreen press inspection testing; and Task Order 04 ($2.389888 million, awarded August 18, 2025) for optically variable magnetic ink and consumables supporting Phase 4 technology integration of the Technology Development Program and Catalyst currency testing across $10, $20, and $50 denominations. All delivery orders are firm fixed-price with no set-aside designations, awarded to support BEP's currency production and security enhancement operations.

Task orders

Task order Ordering agency Obligated Awarded
To 11 is the technology development effort by the contractor within the scope of concept (phase 1), feasibility… 2031ZA26F00395 Bureau of Engraving and Printing $475,021
The objective of task order 13 is to work towards rotating magnet (quicksilver-f) effects that are smaller than the… 2031ZA26F00390 Bureau of Engraving and Printing $39,864
To 14 is to acquire ovmi (optically variable magnetic INK) and iridescent INK necessary to perform the factory… 2031ZA26F00408 Bureau of Engraving and Printing $391,237
Task order 10 is for new optically variable (screen) INK and magnetic assemblies for research and development print… 2031ZA26F00182 Bureau of Engraving and Printing $287,984
Task order 08 is to acquire optically variable INK and photoinitiator needed to complete print trials planned for phase… 2031ZA26F00081 Bureau of Engraving and Printing $229,296
The goal of task order 06 is to acquire optically variable magnetic INK and iridescent INK necessary to perform the BEP… 2031ZA26F00080 Bureau of Engraving and Printing $796,182
Task order 07 is to acquire supporting press consumables that are needed to complete print trials planned for phases… 2031ZA26F00014 Bureau of Engraving and Printing $690,891
The goal of task order 05 is to acquire optically variable magnetic INK and iridescent INK necessary to perform the… 2031ZA26F00022 Bureau of Engraving and Printing $361,398
The purpose of this task order 01 is to continue the work begun in to 07, to 10, to 15, and to 24 to develop new… 2031ZA25F00519 Bureau of Engraving and Printing $106,596
This task order is the technology development effort by the contractor within the scope of concept (phase 1)… 2031ZA25F00516 Bureau of Engraving and Printing $441,468
The goal of task order 09 is to acquire optically variable magnetic (ovmi) inks needed to complete laboratory studies… 2031ZA25F00540 Bureau of Engraving and Printing $105,592
The focus of this task order is the technology development effort by the contractor within the scope of concept… 2031ZA25F00514 Bureau of Engraving and Printing $763,988
The goal of this task order is to acquire ovmi (optically variable magnetic INK) inks and other consumables needed to… 2031ZA25F00504 Bureau of Engraving and Printing $1,341,719
Show all 13

Transactions

Action Obligated Date
Other Administrative Action P00005 $0
Other Administrative Action P00004 $0
Other Administrative Action P00003 · This is an administrative modification to add laura swafford as COR for the quicksilver III IDV project in pursuant to changes clause, FAR43.103(b). $0
Other Administrative Action P00002 · This is a unilateral, no-cost modification to update the internal clin information for the overall quicksilver III IDIQ contract 2031ZA25D00006, by the… $0
Other Administrative Action P00001 · This modification is to correct typing error on the current IDV document. $0
Original award $0

Quick answers

Who was awarded contract 2031ZA25D00006?

2031ZA25D00006 was awarded to Sicpa Securink Corp by Bureau of Engraving and Printing (Department of the Treasury) on August 8, 2025.

How much is contract 2031ZA25D00006 worth?

Orders under 2031ZA25D00006 have obligated $6,031,236. Their combined potential value, with all options, is $8,774,310. 2031ZA25D00006's own ceiling is $38,013,000. A single order can be worth up to $38,013,000.

How many orders have been placed under contract 2031ZA25D00006?

13 orders have been placed under 2031ZA25D00006, the latest on August 19, 2026.

Who can order from contract 2031ZA25D00006?

2031ZA25D00006 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract 2031ZA25D00006 competed?

The extent of competition for 2031ZA25D00006 was not competed. The government received 1 offer.

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