Notice of Intent to Sole Source Research Development
Title:  

Notice of Intent to Sole Source Research Development

Agency:  

U.S. Department Of The Treasury

State:  

United States of America

NAICS Code:  

541715

Industry:  

Security Services

Solicitation Type:  

Sole Source

Solicitation ID:  

2031ZA25R00006

Open Date:  

7/23/2025

Questions Due Date:  

7/30/2025

Close Date:  

9/8/2025

Project Duration:  

4 years

Last Updated:  

8/8/2025

Description:
The Bureau of Engraving and Printing (BEP) intends to award a sole source, firm fixed price, four-year Indefinite Delivery Vehicle (IDV) contract for research and development (R&D) services and materials to support the advancement of proprietary security technologies for potential use in U.S. currency. The intended contractor is STA Technologies, Inc. The contract aims to continue the development of STA's unique, proprietary technologies as a security feature with unique characteristics. Key aspects of the contract include: • The contract is for R&D services to support the advancement of proprietary security technologies. • The intended contractor is STA Technologies, Inc., due to their unique qualifications and ownership of the intellectual property associated with the complete system. • The contract is a follow-on to five previous sole source contracts. • The BEP maintains continuous sources sought announcements on the Government Point of Entry (GPE) for Federal Government procurement to promote competition and identify potential sources. • The contract's focus is on furthering technology development that resulted from the five previous contracts.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Kevin Ibershoff and Falcon Albino

Kevin.Ibershoff@bep.gov and Falcon.Albino@bep.gov

Budget Estimate (AI):

$36,000,000

The total contract value is specified as $36,000,000. This amount is for a four-year Indefinite Delivery Vehicle (IDV) contract. The budget estimation is directly provided in the document, indicating a clear expectation of the contract's financial scope. Factors influencing this estimate include historical pricing from previous R&D contracts and the uniqueness of the proprietary technology being developed.

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