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Department of the Treasury Awarded a Contract to KOENIG & BAUER BANKNOTE SOLUTIONS SA for $91,797,860.00

Signed on

9/15/2022, 12:00 AM

KOENIG & BAUER BANKNOTE SOLUTIONS SA Government Contract #2031ZA22C00388

KOENIG & BAUER BANKNOTE SOLUTIONS SA was awarded a contract with the United States Government for $91,797,860.00. The contract was awarded by the agency office OFFICE OF THE CHIEF PROCUREMENT OFFICER, which is a division with the Bureau of Engraving and Printing within the Department of the Treasury.

Summary of Award

The recipient of the federal contract is KOENIG & BAUER BANKNOTE SOLUTIONS SA, a foreign-owned business incorporated in Switzerland. The contract, funded by the Department of the Treasury - Bureau of Engraving and Printing, is for the "SNI FINISHING SYSTEM" with a total obligation of $63,881,460. The contract is a definitive contract with a firm-fixed price. The work involves special industry machinery manufacturing. The contract was not competitively awarded, and it is a follow-on contract. The funding was received from a foreign entity and the recipient is a foreign-owned business incorporated in the U.S.

Contract Details

Contract ID2031ZA22C00388
Contract TypeD
Total Obligation$63,881,460.00
Exercised Options$63,881,460.00
Base Amount + Options$91,797,860.00
Date Signed2022-09-15
Contract DescriptionSNI FINISHING SYSTEM
Start Date2022-09-15
End Date2024-12-14

Agency Details

Awarding AgencyDepartment of the Treasury
Awarding Sub AgencyBureau of Engraving and Printing
Awarding OfficeOFFICE OF THE CHIEF PROCUREMENT OFFICER
Funding AgencyDepartment of the Treasury
Funding Sub AgencyBureau of Engraving and Printing
Funding OfficeOFFICE OF ENGINEERING

Recipient Details

RecipientKOENIG & BAUER BANKNOTE SOLUTIONS SA
Recipient Location347 LAUSANNE 22 VD, SWITZERLAND
Business CategoriesCategory Business, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Not Designated a Small Business, Special Designations

Comments

Award Transactions

Transaction #P00010$27,916,400.00October 28, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $27,916,400.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$0.00August 22, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $0.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$138,060.00July 8, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $138,060.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$0.00March 27, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $0.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$182,000.00December 19, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $182,000.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$256,660.00September 20, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $256,660.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00June 17, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $0.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$27,843,400.00April 12, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $27,843,400.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$81,600.00August 4, 2023

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $81,600.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$7,323,340.00May 30, 2023

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $7,323,340.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #0$28,056,400.00September 15, 2022

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $28,056,400.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00011$3,440,847.00February 4, 2026

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $3,440,847.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$27,916,400.00October 28, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $27,916,400.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$0.00August 22, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $0.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$138,060.00July 8, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $138,060.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$0.00March 27, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $0.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$182,000.00December 19, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $182,000.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$256,660.00September 20, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $256,660.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00June 17, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $0.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$27,843,400.00April 12, 2024

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $27,843,400.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$81,600.00August 4, 2023

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $81,600.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$7,323,340.00May 30, 2023

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $7,323,340.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.

Transaction #0$28,056,400.00September 15, 2022

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $28,056,400.00 to KOENIG & BAUER BANKNOTE SOLUTIONS SA. The payment included a Subsidy Cost of $0.00.