Koenig & Bauer Banknote Solutions SA

Koenig & Bauer Banknote Solutions SA, doing business as Kba-Notasys LTD, is a foreign-owned, for-profit Swiss manufacturer supplying specialized banknote printing equipment, spare parts, and maintenance services to the federal government as a sole-source prime contractor, with no subcontracting footprint and no SBA set-aside participation across its federal portfolio.

The vendor's concrete capability set centers on currency production equipment and components: advanced intaglio and offset printing presses, Specialty Underprint Security Intaglio (SUSI) spare parts, Legacy Engraved Plate Equipment (LEPE) components, Non-Sequential Large Examination Printing Equipment (NSLEPE) systems, hydraulic cylinders, bearing race rings, spindles, filters, and mission-critical software support. Koenig & Bauer Banknote Solutions operates under three major indefinite delivery contracts with the Bureau of Engraving and Printing: a $2.1 million single-award IDC (through September 2030) for SUSI replacement spare parts; a $100 million multiple-award IDC (through January 2035) for offset presses and related equipment and services; and a $264.25 million single-award IDC (through September 2034) for intaglio presses and related equipment and services. Representative recent work includes a $293.6 million definitive contract (awarded June 2025, completing May 2035) for two NS-LEPE machines with options for five additional units; a $7.4 million definitive contract (awarded April 2025, completing April 2027) for 100 percent development, operations, and maintenance support for the FLOWSYS system that pulls raw machine data from production presses; and a $248.5 thousand definitive contract (awarded October 2024, completing September 2025) for training on the Super Orlof Intaglio Printing Platform.

Customer concentration is extreme and sole-source in nature. The Department of the Treasury's Bureau of Engraving and Printing accounts for 92 percent of 3,410 awards (3,410 awards valued at $2.27 billion combined potential value out of 3,690 total awards). The remaining 280 awards span the Department of the Treasury (1 award, $97 thousand) and the Department of Veterans Affairs (1 award, $16 thousand). No competing vendors are named across the portfolio; all awards carry no set-aside designation, reflecting the proprietary and specialized character of banknote production infrastructure.

The vendor places task orders under five parent indefinite delivery and blanket purchase agreement vehicles, all within the BEP relationship: Indefinite Delivery Contract 2031ZA21D00022 (145 task orders, $2.8 million combined potential value); Blanket Purchase Agreement 2031ZA20A00008 (99 task orders, $3 million); Blanket Purchase Agreement 2031ZA19A00020 (96 task orders, $6.3 million); Indefinite Delivery Contract 2031ZA20D00003 (80 task orders, $1.7 million); and Indefinite Delivery Contract 2031ZA21D00003 (77 task orders, $3 million). Top procurement activity by PSC category is dominated by Printing, Duplicating, and Bookbinding Equipment (2,400 awards), reflecting the vendor's primary mission.

Activity has declined moderately: 241 awards in 2022, 183 in 2023, 194 in 2024, 86 in 2025, and 22 through mid-2026 year to date. The combined potential value of 73 awards reaching completion in the next twenty-four months is $260.2 million, representing substantial recompete exposure spanning the three major IDCs and numerous delivery orders for spare parts and maintenance support. The vendor holds no subcontracting relationships; all 3,690 awards are prime contracts. Place of performance is predominantly Switzerland (vendor headquarters and manufacturing) with occasional domestic performance in Washington, DC for software and repair services. All awards are firm fixed-price, carrying no set-aside designations, and reflecting the BEP's documented sole-source reliance on Koenig & Bauer Banknote Solutions for proprietary currency production equipment and technical expertise.