Treasury Award | 2031ZA22D00002 | CURRENCY PALLETS AND CAPS

2031ZA22D00002 - CURRENCY PALLETS AND CAPS

Federal Contract Award Search » IDC Award

This IDC contract for Consumer Products > Sustainment S&E was awarded in FY2022 on Dec 2, 2021 to SECURITY PAKS INTERNATIONAL, LLC by BEP Manufacturing (Western Currency Facility). There have been $4.6M in obligations to date with a ceiling value of $17.6M, showing a 26% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Nov 28, 2026.

SECURITY PAKS INTERNATIONAL, LLC is a contractor located in IN, doing primarily Consumer Products > Sustainment S&E work for Treasury. Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Contract Number
2031ZA22D00002
Obligations to Date
$4.6M
Ceiling Value
$17.6M
Award Date
12/02/2021
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Treasury»Bureau of Engraving and Printing»BEP Manufacturing (Western Currency Facility)


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Task Order History

Task Order No. Contractor Obligations Effective Date
2031ZA22F00085 SECURITY PAKS INTERNATIONAL, LLC $3.1M 12/02/2021
2031ZA23F00110 SECURITY PAKS INTERNATIONAL, LLC $575.9k 12/06/2022
2031ZA23F00468 SECURITY PAKS INTERNATIONAL, LLC $260k 07/11/2023
2031ZA24F00068 SECURITY PAKS INTERNATIONAL, LLC $450.2k 11/17/2023
2031ZA24F00438 SECURITY PAKS INTERNATIONAL, LLC $168.5k 06/04/2024

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