This Government Contract opportunity from Department Of The Treasury was posted on June 8, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Research and Development, IDV

Awarded

2031ZA26D00009Federal

Submission Closed07/24/2026, 09:00:00 PM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 541715

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in 10 days

AI Contract Overview

The Bureau of Engraving and Printing, under the Department of the Treasury, intends to award a sole-source, Firm-Fixed Price Indefinite-Delivery Indefinite-Quantity (IDIQ) contract to Leonhard Kurz Stiftung & Co. KG for the continued research and development of overt security features for U.S. banknotes. This action is justified under FAR subpart 6.302-1(a)(2)(ii)(A) and (B) due to the unique proprietary capabilities of the contractor and the absence of alternative sources capable of meeting the stringent technical requirements of the United States Currency Program. The effort builds upon prior work under contract TEPD-15-1780 and the completed IDIQ II project 2031ZA20D00012, focusing on advancing selected technologies through the full Technology Development Process (TDP) phases: Concept, Feasibility, Test and Optimize, and Technology Integration. The ultimate objective is the creation of an overt security feature that is mechanically activated, delivering a proprietary, U.S.-exclusive capability tailored to the Bureau’s needs. The contract has an estimated value of $24,634,497 over a five-year ordering period, with work to be performed in Washington, D.C. All responses to this Notice of Intent must be submitted exclusively via email to Falcon Albino and Michael Riordan by 4:00 p.m. Eastern Standard Time on July 24, 2026. Submission does not constitute a bid or proposal, and no competitive solicitation will be issued unless the Government determines otherwise. Interested parties must be registered and active in the System for Award Management (SAM) to be considered. The government will determine price reasonableness in accordance with FAR Part 15.404-1 without competitive evaluation factors. Travel costs will be reimbursed on an actual cost basis, up to a firm-fixed price ceiling, while all other expenses incurred in responding to this notice are the sole responsibility of the respondent and will not be reimbursed. No solicitation document will be published, and no formal contract clauses, inspection criteria, or detailed performance specifications are provided at this stage, as this is a pre-award notice solely intended to gather information to support the sole-source justification.

General Info

Sole source IDIQ contract to Leonhard Kurz for developing banknote overt security features.

Agency

Department Of The Treasury → Bureau Of Engraving And PrintingView Agency

NAICS

541715 - Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)View NAICS

Place of Performance

DC, 20405, USA

Set-Aside

NONE

Documents

(1)

JOFOC for Sole-Source IDIQ Contract to Leonhard Kurz Stiftung & Co. KG

PDF•justification-and-authorization

AI Contract Breakdown

Uniform Contract Format

Timeline

PhaseAwarded

PostedJun 8

special-notice

AwardedSep 12

Contract was awarded

Submission Closed

07/24/2026, 09:00:00 PM UTC

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Organization & Contact Information

AgencyDepartment Of The Treasury → Bureau Of Engraving And Printing

Contacts1 person available

OfficeN/A

Organization / Agency

Department Of The Treasury → Bureau Of Engraving And Printing

View Agency Profile

Office AddressN/A

Contacts

Michael Riordan

contact@example.gov

+1 (555) 000-0000

Full Description

NOTICE OF INTENT TO AWARD SOLE SOURCE –

Leonhard Kurz Stiftung & Co. KG

The Bureau of Engraving and Printing (BEP), Office of the Chief Procurement Officer (OCPO), on behalf of the Office of Research and Development (R&D), intends to award a Single-Award Indefinite-Delivery Indefinite-Quantity (IDIQ) Firm-Fixed Price contract for the continued R&D of overt security features in banknotes, utilizing a Justification and Approval in accordance with FAR subpart 6.302-1(a)(2)(ii)(A) and (B). The intended contractor is Leonhard Kurz Stiftung & Co. KG.

The focus is to continue the research and development effort of the Distinctive Counterfeit Deterrent(s) completed in 2031ZA20D00012 (IDIQ II) within the Concept (Phase 1) and Feasibility (Phase2) phases of BEP’s Technology Development Process (TDP), that was initiated in BEP contracts TEPD-15-1780 (IDIQ I). Specifically, the ultimate goal is for the contractor to complete the research and development effort of selected technologies through the Feasibility (Phase 2), Test and Optimize (Phase 3), and Technology Integration (Phase 4) phases of the TDP. The ultimate project goal is the technological development of an overt feature display that is activated mechanically.

This Notice of Intent is not a request for competitive offers, quotes or proposals. A determination not to compete this requirement is solely within the discretion of the Government. Information received will be considered solely for the purpose of determining whether to conduct a competitive procurement. Any cost associated with the preparation and submission of data or information, or any other costs incurred in responding to this notice is the sole responsibility of the respondent and will not be reimbursed by the Government.

Capability statement, comments, questions, or concerns regarding this notice MUST be received via email ONLY to falcon.albino@bep.gov and michael.riordan@bep.gov , NO LATER THAN 4:00PM, EASTERN STANDARD TIME, 24 JULY 2026. Additionally, interested sources must be registered and currently active in the System for Award Management (SAM), found at https://www.sam.gov.

The solicitation will not be posted.

Points of contacts regarding this notice are:

Michael Riordan (Contract Specialist) at michael.riordan@bep.gov and michael.riordan@treasury.gov

and

Falcon Albino (Contracting Officer) at falcon.albino@bep.gov and falcon.albino@treasury.gov

Contracting Office Address

Bureau of Engraving and Printing

14th & C Streets SW

Washington, DC 20228