Tenders and Contract Awards

In this new periodic feature for Currency News™ we report on the latest tenders and contract awards for banknotes, coins and related services.

• Crane Currency has won the contract from Danmarks Nationalbank for the technical design of Denmark’s new series of banknotes, which are due to enter circulation from 2028. The contract is valued at $108 million.
• The Reserve Bank of India (RBI) has issued an Expression of Interest (EOI) for the procurement of consultancy and project management services for the modernisation of the currency management infrastructure in India.
• The Pakistan Security Printing Corporation has invited expressions of interest from consultancy firms for prequalification for consultancy relating to the establishment of a security paper manufacturing and banknote production facility in Pakistan. The deadline for applications was 23 October 2024.
• Security Printing Corporation Bangladesh has issued a tender for security thread for the 10, 20, and 50 taka denominations.
• China Banknote Printing and Minting (CBPM) has been awarded two contracts from Nepal Rastra Bank to produce 350 million 5 rupee and 340 million 10 rupee banknotes, valued at $5.1 million and $7.1 million respectively.
• The Royal Dutch Mint has signed a contract with the Finnish Ministry of Finance for the production of Finland’s circulation and commemorative coins.
• Bangko Sentral ng Pilipinas has signed an MOU with German banknote printer Bundesdruckerei to collaborate on currency management and production; securities management and production; digital payments infrastructure; and research and development on digital payments and banknote substrates.