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U.S. Department Of The Treasury·United States of America

Research and Development, IDV

Closes 7/24/2026$1M – $10MSole Source
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Description

The Bureau of Engraving and Printing (BEP) intends to award a Single-Award Indefinite-Delivery Indefinite-Quantity (IDIQ) Firm-Fixed Price contract for the continued Research and Development (R&D) of overt security features in banknotes. The focus is to continue the R&D effort of the Distinctive Counterfeit Deterrent(s) completed in a previous contract. The ultimate goal is for the contractor to complete the R&D effort of selected technologies through the Feasibility, Test and Optimize, and Technology Integration phases of the Technology Development Process (TDP). The project aims to develop an overt feature display that is activated mechanically. The key aspects of this project include: • Development of overt security features for banknotes • Research and development of distinctive counterfeit deterrents • Completion of the feasibility, test and optimize, and technology integration phases of the TDP • Development of an overt feature display that is activated mechanically • The contract is an IDIQ contract, which suggests that the project duration and scope may be variable.

Attached files

Contact

Michael Riordan(Contract Specialist)

[email protected]

(202) 469-1770

Key dates

Opened
6/8/2026
Questions due
7/24/2026
Closes
7/24/2026

Last updated

Details

Type
Sole Source
Industry
Financial Services
NAICS
541715
Solicitation №
2031ZA26D00009

Budget estimate

$1,000,000 – $10,000,000

The budget for this contract is not specified in the document. However, based on the scope and complexity of the project, it can be estimated that the budget will be in the range of $1 million to $10 million. The factors that may influence the likely payment range include the duration of the contract, the scope of work, and the level of expertise required. The contract is an IDIQ contract, which suggests that the budget will be variable and dependent on the specific tasks and deliverables.

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