JOFOC_Redacted.pdf
PDF 2 MB Posted
- Solicitation number
- 2031ZA25D00003
About this file
This document is a Justification and Approval (J&A) for Other Than Full and Open Competition from the Department of the Treasury's Bureau of Engraving and Printing (BEP) for an Indefinite Delivery, Indefinite-Quantity (IDIQ) contract with SICPA Securink Corp. The proposed acquisition is to acquire a specialized ink with a security feature for U.S. currency and other security products, to be used at BEP's ECF and WCF facilities for currency manufacturing, change management, and continuous improvement efforts.
The contract will have a five-year period of performance with five one-year ordering periods, and the estimated contract ceiling is $61,718,881.80. SICPA is identified as the only known source capable of providing this unique ink technology, which involves proprietary magnetic pigments and alignment technologies. BEP has previously invested over 25 million dollars in developing this security feature through multiple contracts, and they continue to seek innovative technologies to stay ahead of counterfeiting and maintain global confidence in U.S. currency. The first delivery is required no later than August 15, 2024, and the contract will be a Firm Fixed Price arrangement.
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Text version
Version 11/01/21
BEP OCPOFORM FY22 01
Source Selection Information - See FAR 2.101 and 3.104
SFD PMs Attended trade shows � A banknote specific trade show was attended by PMs to gather information on the state of the SICPA-like technology. The conference was the 2014 Optical Document Security conference in San Francisco, CA, 01/27/2014-01/31/2014. While many new technologies were present at the conferences, none of these technologies possess the unique, technical expertise, inherent knowledge and capabilities (with respect to proprietary manufacturing processes, facilities, equipment and resources) necessary to perform the services required for this requirement.
The state of the market was judged against the type of feature that is the desired outcome of the current solicitation. No known with novel and unique optical effects based on the company�s proprietary magnetic pigments and alignment technologies exist that displays the level of technical complexity or perceived effect uniqueness that would make for a sufficient competition to the current effort. Only SICPA Securink Corp. was identified that could produce ink with novel and unique optical effects based on the company�s proprietary , magnetic pigments, and alignment technologies.
7. FAIR AND REASONABLE COSTS:
The BEP Contracting Officer will determine the price to be fair and reasonable in accordance with FAR 15.404-1, Proposal analysis techniques. Proposed prices will be compared against historical prices paid which were found fair and reasonable on previous purchases for similar requirements as well as a comparison of proposed prices with the IGCE.
8. MARKET RESEARCH:
This is a follow-on supply contract to supply material provided originally in the CSMI research and development contract, 2031ZA19D00017.
The overt security feature was initially developed under contract TEPS16-34760, where the awards were focused on concept development. The focus for development was on magnetic alignment of ink during printing and creating optical movement once printed. SICPA retained ownership of proprietary information for the material. A second contract was award for the continued development and research of this feature, 2031ZA19D00017. Multiple delivery orders were received off this contract for print trials over the course of several years. The BEP has spent over 25 million dollars on these contracts. Additional costs outside the contracts include but are not limited to paper, other ink materials, press time, and staffing.
Refer to SF 1010 Market Research Report for specific details.
9. OTHER FACTS:
The BEP and other members of the USCP have a strategic goal of developing security features for future generations of U.S. currency. In order to achieve that goal, BEP must continuously identify, evaluate and source new technologies to stay ahead of counterfeiting and to maintain the trust and confidence that the world has in the U.S. currency. In identifying sources, BEP often looks for sources that have technologies that are inherently unique or exclusive so as to maintain a limited distribution to only BEP for use only on U.S. currency.
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