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Department of the Treasury Awarded a Contract to HYSPEX INC for $186,364.80

Signed on

9/30/2025, 12:00 AM

HYSPEX INC Government Contract #2031ZA25P00421

HYSPEX INC was awarded a contract with the United States Government for $186,364.80. 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 HYSPEX INC, a small business in Massachusetts that specializes in analytical laboratory instrument manufacturing. The contract, funded by the Department of the Treasury's Bureau of Engraving and Printing, is for a single note hyperspectral imaging system with a total value of $186,364.80. One notable transaction shows the full contract amount of $186,364.80 being obligated on September 30, 2025.

Contract Details

Contract ID2031ZA25P00421
Contract TypeB
Total Obligation$186,364.80
Exercised Options$186,364.80
Base Amount + Options$186,364.80
Date Signed2025-09-30
Contract DescriptionSINGLE NOTE HYPERSPECTRAL IMAGING SYSTEM
Start Date2025-09-30
End Date2026-04-13

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 PRODUCT DEVELOPMENT

Recipient Details

RecipientHYSPEX INC
Recipient Location65 PLAIN ST CLINTON MASSACHUSETTS, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Foreign Owned, Foreign-Owned and U.S.-Incorporated Business, Small Business, Special Designations

Comments

Award Transactions

Transaction #P00001 | $0.00February 27, 2026

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $0.00 to HYSPEX INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $186,364.80September 30, 2025

Bureau of Engraving and Printing, a sub agency of Department of the Treasury, issued a payment of $186,364.80 to HYSPEX INC. The payment included a Subsidy Cost of $0.00.

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