Opportunity
SAM #2031ZA26D00009
Sole Source IDIQ for R&D of Overt Security Features in Banknotes
Buyer
Bureau of Engraving and Printing
Posted
June 08, 2026
Respond By
July 24, 2026
Identifier
2031ZA26D00009
NAICS
541715
This opportunity is a sole source IDIQ contract from the Bureau of Engraving and Printing (BEP) for R&D of overt security features in banknotes. - Agency: Bureau of Engraving and Printing (Department of the Treasury) - Contract Type: Sole source, single-award Indefinite-Delivery Indefinite-Quantity (IDIQ), Firm-Fixed Price - Vendor: Leonhard Kurz Stiftung & Co. KG - Purpose: Continued research and development of overt security features for banknotes - Builds on prior contracts (IDIQ I: TEPD-15-1780, IDIQ II: 2031ZA20D00012) - Advances technologies through Feasibility (Phase 2), Test and Optimize (Phase 3), and Technology Integration (Phase 4) - Goal: Develop a mechanically activated overt feature display for banknotes - Sole source justification: Unique vendor capabilities under FAR 6.302-1(a)(2)(ii)(A) and (B) - No specific products, part numbers, or quantities listed - Commercial opportunity is limited to the named vendor due to sole source status
Period of Performance: - Not specified; contract covers multiple R&D phases under an IDIQ structure
Potential Competitors: - Other security feature OEMs are not eligible due to sole source justification
Key Requirements: - Advanced R&D in banknote security features - Technology integration and optimization - Mechanically activated overt feature display development
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