2031ZA24A00003 - XSYS NYLOPRINT PLATES

This BPA contract for Consumer Products > Miscellaneous S&E, Industrial Products & Machinery > Industrial Products & Services was awarded in FY2024 on Mar 18, 2024 to XSYS NORTH AMERICA CORPORATION by Office of the Chief Procurement Officer. There have been $172.9k in obligations to date with a ceiling value of $2.2M, showing a 8% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Mar 16, 2029.

XSYS NORTH AMERICA CORPORATION is a contractor located in NC, doing primarily Consumer Products > Miscellaneous S&E work for Treasury. Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.

Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.

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Buying Agency/Office

Treasury»Bureau of Engraving and Printing»BEP Chief Financial Officer»Office of the Chief Procurement Officer

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