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Department of the Treasury Awarded a Contract to KOENIG & BAUER BANKNOTE SOLUTIONS SA for $162,446,491.80
Signed on
9/20/2023, 12:00 AM
KOENIG & BAUER BANKNOTE SOLUTIONS SA Government Contract #2031ZA23C00254
KOENIG & BAUER BANKNOTE SOLUTIONS SA was awarded a contract with the United States Government for $162,446,491.80. 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 from Switzerland. The contract is for a "HOT FOIL MACHINE" awarded by the Bureau of Engraving and Printing under the Department of the Treasury. The contract is worth $162,446,491.80 in total, with an initial obligation of $79,247,291.80. The recipient is a foreign-owned business not incorporated in the U.S., specializing in industrial machinery manufacturing.