Sole Source Justification (SSJ) for PARVIS Optimark Tool
ID: 2031ZA25P00344Type: Special Notice
Overview

Buyer

TREASURY, DEPARTMENT OF THEBUREAU OF ENGRAVING AND PRINTINGOFFICE OF THE CHIEF PROCUREMENT OFFICERWASHINGTON, DC, 20228, USA

NAICS

Commercial and Service Industry Machinery Manufacturing (333310)

PSC

OPTICAL INSTRUMENTS, TEST EQUIPMENT, COMPONENTS AND ACCESSORIES (6650)

Original Source

https://sam.gov/opp/274e77d13f034cea801cdf217aeb0f95/view
Timeline
    Description

    The Department of the Treasury's Bureau of Engraving and Printing (BEP) is seeking approval for a sole-source acquisition of the Parvis Optimark Tool from Parvis Systems and Services S.P.A. This specialized tool is critical for quality assurance testing of the Banknote Detection System (BDS) features used in U.S. currency designs, ensuring the effectiveness of currency security measures. Due to the proprietary nature of the technology and the unique capabilities of the Optimark tool, no equivalent equipment is available, necessitating this sole-source justification under FAR guidelines. Interested parties can reach out to Naweed Nezam at Naweed.Nezam@bep.gov for further information regarding this procurement.

    Point(s) of Contact
    Naweed Nezam
    Naweed.Nezam@bep.gov
    Files
    Title
    Posted
    SF 1009 Parvis Optimark Tool_Redacted.pdf
    The Department of the Treasury's Bureau of Engraving and Printing (BEP) is seeking approval for a sole-source acquisition of a Parvis Optimark tool from Parvis Systems and Services S.P.A. This tool is essential for quality assurance testing of the Central Bank Counterfeit Deterrence Group's Banknote Detection System (BDS) features in U.S. currency designs. The existing BDS system has been validated for use in BEP quality operations; however, it requires the specified Optimark tool to function effectively. Due to proprietary technology owned by Parvis, no other equivalent equipment is available, which necessitates the sole-source justification under FAR guidelines. The Optimark tool detects and analyzes printed features related to currency security, supporting the continuous monitoring and quality assurance of U.S. currency. This acquisition is time-sensitive to ensure compliance with agency milestones and maintain currency security measures. The document outlines the circumstances preventing competitive bidding, emphasizing the unique capabilities of Parvis Systems and Services. Further, it includes the necessary certifications and approvals from the program office and contracting officer, supporting the determination for this sole-source procurement.
    Lifecycle
    Title
    Type
    Sole Source Justification (SSJ) for PARVIS Optimark Tool
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