Bureau of Engraving and 

Printing 

FY 2016

Capital Investment Plan
2

Investment Name: Consolidated Facility Improvements

Type of Investment: Major Non-IT Investment

Description:

The consolidated facility improvement projects include minor office renovations and structural 

upgrades to the Washington, DC and Fort Worth, TX facilities.

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 8.78 5.21 5.21 5.21 5.21 5.21 0.00 34.83

Total DME funding 8.78 5.21 5.21 5.21 5.21 5.21 34.83

Unallocated DME funding 0 0 0 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 0.00 0.00 0.00 0.00

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 8.78 5.21 5.21 5.21 5.21 5.21 0.00 34.83

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A
3

Investment Name: Currency Sheet Accountability System

Type of Investment: Major Non-IT Investment

Description:

This investment will develop accountability for currency sheets from start to finish in the 

currency manufacturing process; providing BEP with the capability to electronically track and

account for currency sheets from blank sheets to finished notes.

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 5.00 6.00 6.00 6.00 6.00 6.00 0.00 35.00

Total DME funding 5.00 6.00 6.00 6.00 6.00 6.00 0.00 35.00

Unallocated DME funding 0.00 0.00 0.00 0.00 0.00 0.00 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 0.00 0.00 0.00 0.00

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 5.00 6.00 6.00 6.00 6.00 6.00 0.00 35.00

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Summary of Purpose, Goals, and Benefits: 

The purpose of this investment is to develop an automated currency sheet accountability 

system on one production line at the Washington DC Facility to evaluate operational and 

interface requirements for potential full deployment of a sheet accountability system on all 

production lines. A currency automated sheet accountability system would replace a manual 

process and provide BEP with the capability to electronically track and account for currency 

sheets throughout the production process, from blank sheets to finished notes. Implementing 

this system would afford BEP better control and accountability of printed and unprinted sheets 

on the production floor, and would eliminate sheet count variances that sometime occur 

between production steps.

Performance will be measured and evaluated by tying consumables to specific sheets and 

individual notes via serial number.

Return on Investment: 

Anticipated benefit(s) of the investment:

1. Enhanced security and accountability

2. Facilitates comprehensive quality control and tracking of production

3. Full sheet and note counting verified at each production step

4. Real time data will be available to assist in decision making.

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A
4

Investment Name: ECF Visitor Center

Type of Investment: Major Non-IT Investment

Description:

To renovate the Tour and Visitor Center at the Washington, DC facility which has not been 

renovated in over 20 years.

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 2.00 2.00 2.00 2.00 2.00 2.00 0.00 12.00

Total DME funding 2.00 2.00 2.00 2.00 2.00 2.00 12.00

Unallocated DME funding 0.00 0.00 0.00 0.00 0.00 0.00 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 0.00 0.00 0.00 0.00

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 2.00 2.00 2.00 2.00 2.00 2.00 0.00 12.00

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Summary of Purpose, Goals, and Benefits: 

The BEP is one of the most popular tourist attractions in the Washington, DC area. This 

investment will renovate the Bureau of Engraving and Printing's (BEP) Washington, DC Tour 

and Visitor Center for safety reasons. Each year approximately 200,000 tourists take the BEP's 

free public tour to see our Nation's currency being printed and to learn about newly designed 

currencies, their security features and new printing technologies. The tour facility consists of a 

long entrance area (tour-bridge) where visitors view a short film on the BEP's history and 

production process, an elevated tour walkway over the production floor, and a visitor center 

consisting of gift shops and a small amount of educational exhibits. Over the last 20 years there 

have been few upgrades made to the tour facility's infrastructure and exhibits. As a result, the 

tour has become antiquated and is in dire need of structural repair and renovation.

Performance of this investment will be measured and evaluated by monitoring the percentage of 

customer satisfaction survey results rated good or better.

Return on Investment: 

The anticipated benefit(s) of the investment:

1. Improve Safety and Environmental Hazards

2. Improve customer and public satisfaction.

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A
5

Accomplishments: 

FY 2014: Award AE Design Contract.

Planned Objectives and Accomplishments: 

FY 2015: Award contract for construction.
6

Investment Name: Integrated Security System-HSPD-12

Type of Investment: Major Non-IT Investment

Description:

The project includes complete replacement of the security systems at both the BEP's 

Washington, DC and Ft Worth, TX facilities. Currently the systems do not have redundant or 

inter-operable capability. 

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 1.53 4.00 13.00 0.00 0.00 0.00 0.00 18.53

Total DME funding 1.53 12.50 0.00 18.53

Unallocated DME funding 0.00 0.00 0.00 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 1.53 0.00 0.00 1.53

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 1.53 4.00 13.00 0.00 0.00 0.00 0.00 18.53

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Summary of Purpose, Goals, and Benefits: 

This project includes complete replacement of the security systems at the Washington, DC and 

Fort Worth, TX facilities. By acquiring a new Integrated Security System the BEP will be in full 

compliance with the Homeland Security Presidential Directive 12 (HSPD 12). 

Return on Investment: 

Anticipated benefit(s) of the investment:

1. Common hardware and software operating platforms

2. Allow each facility to be the back-up for the other

3. Compliance with HSPD-12 . 

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A
7

Investment Name: Manufacturing Support Equipment

Type of Investment: Major Non-IT Investment

Description:

To purchase minor equipment to support the manufacturing of U.S. currency.

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 15.05 1.25 1.25 1.25 1.25 1.25 0.00 21.30

Total DME funding 15.05 1.25 1.25 1.25 1.25 1.25 21.30

Unallocated DME funding 0.00 0.00 0.00 0.00 0.00 0.00 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 0.00 0.00 0.00 0.00

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 15.05 1.25 1.25 1.25 1.25 1.25 0.00 21.30

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A
8

Investment Name: Retooling

Type of Investment: Major Non-IT Investment

Description:

Retooling is a multi-year project that replaces older, fully depreciated production equipment at 

both BEP's facilities. Replacing out of date equipment on a regular basis allows BEP to more 

cost effective and efficient. 

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 4.00 20.00 70.00 0.00 0.00 0.00 0.00 94.00

Total DME funding 4.00 20.00 70.00 0.00 0.00 0.00 0.00 94.00

Unallocated DME funding 0.00 0.00 0.00 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 0.00 0.00 0.00 0.00

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 4.00 20.00 70.00 0.00 0.00 0.00 0.00 94.00

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Summary of Purpose, Goals, and Benefits: 

Retooling is a multi-year project that replaces older, fully depreciated production equipment at 

both BEP's facilities. Replacing out of date equipment on a regular basis allows BEP to more 

cost effective and efficient in meeting customer requirements for the production of currency 

notes. New equipment is typically more energy efficient, eco-friendly and machine down time is 

reduced. In addition, new equipment acquired by BEP has the technical capability of producing 

the next generation of advanced counterfeit deterrence features for future design 

enhancements. 

The performance of this investment will be evaluated through the following two measures: 

1. Comparison of productivity of new equipment with existing equipment.

2. Comparison of spoilage rates of new equipment with rates of existing equipment. 

Return on Investment: 

The anticipated benefit(s) of the investment:

1. Produce notes at a lower cost with higher quality

2. Enhance counterfeit deterrence 

3. Improve productivity 

4. Improve customer and public satisfaction.

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A
9

Accomplishments: 

N/A.

Planned Objectives and Accomplishments: 

FY 2015: 1. Award contract for equipment. 

Development, modernization, and enhancement timeframe: 

BY+1: N/A.

BY+2: N/A.

BY+3: N/A.

BY+4: N/A.
10

Investment Name: Screen Press (Tactile Feature Development)

Type of Investment: Major Non-IT Investment

Description:

This investment is to purchase a single commercial silk screen press to test the technology's 

capability to produce tactile features that provide meaningful access to U.S. currency for the 

blind and visually impaired. Extensive market research was conducted and three potential

techniques were identified to apply tactility to U.S. currency: intaglio printing; screen-printing; 

and a coating application. Screen-printing, which requires the rotary screen press, is a primary 

focus of current developments because several promising features use this technology. Tests 

are underway using this technique to assess both the applicability in the BEP manufacturing 

process as well as the desired requirements for a tactile feature.

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 5.00 5.00 14.00 0.00 0.00 0.00 0.00 24.00

Total DME funding 5.00 5.00 14.00 24.00

Unallocated DME funding 0.00 0.00 0.00 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 0.00 0.00 0.00 0.00

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 5.00 5.00 14.00 0.00 0.00 0.00 0.00 24.00

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A
11

Investment Name: Single Note Inspection (SNI)

Type of Investment: Major Non-IT Investment

Description:

This investment is to use single note inspection in production to process rejected sheets at 

OCIS and LEPE and to eliminate the unnecessary destruction of good notes. 

Investment Anticipated Outlay: (In Millions of $): 

Type PY-1 and Prior PY 

2014

CY 

2015

BY 

2016

BY+1 

2017

BY+2 

2018

BY+3 

2019 BY+4 and Beyond Total

DME Sub Total (Including Gov FTE) Costs 0.00 18.00 18.00 18.00 0.00 0.00 0.00 0.00 54.00

Total DME funding 18.00 18.00 18.00 54.00

Unallocated DME funding 0.00 0.00 0.00 0.00

O&M Sub Total (Including Gov FTE) Costs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Total O&M funding 0.00 0.00 0.00 0.00

Unallocated O&M funding 0.00 0.00 0.00 0.00

Total Cost (Including Gov FTE) 0.00 18.00 18.00 18.00 0.00 0.00 0.00 0.00 54.00

Total Gov FTE Cost 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Number of FTE represented by costs 0.00 0.00 0.00 0.00 0.00

Summary of Purpose, Goals, and Benefits: 

The primary goal of this investment is to acquire the equipment and capability needed to inspect 

individual NXG$100 notes as requested by the Federal Reserve Board to ensure all notes in 

circulation adhere to strict production standards.

During the initial production of the new NXG$100 banknotes, BEP experienced creasing and 

other production defects which could not be detected with existing inspection equipment. BEP's 

existing inspection equipment is designed to identify print defects, not specific paper defects or 

production related anomalies. Since the $100 denomination banknote is the premier 

international note issued by the Federal Reserve Board (FRB) and used worldwide, BEP 

discontinued production until the source of these problems could be identified and inspected. As 

a result, the Federal Reserve Board requested the Bureau to use Single Note Inspection for the 

finished NXG$100 notes held in our vaults. In 2015, the Federal Reserve began to issue the 

inspected notes into circulation in order to fill domestic demand for $100 notes. 

In the future, BEP plans to incorporate single note inspection into the production process to 

eliminate the unnecessary destruction of good notes. The implementation of SNI into the 

production process will assist BEP in maintaining the high quality standards of banknotes being

delivered to the FRB. SNI will eliminate the opportunity of poor quality notes being placed in 

circulation and improves counterfeit enforcement's identification abilities. BEP expects to 

redesign United States currency every seven to ten years in an effort to stay ahead of 

counterfeiters as advances in technology make counterfeiting of currency less difficult. SNI 

provides greater assurance that new features have been properly replicated and manufacturing 

processes are consistent.

The performance of this investment will be evaluated through the following three measures:

1. Percent of $100NXG notes recovered currently in BEP vaults.
12

2. Percent of recovering good notes from the rejected subject sheets

3. Percent of spoilage. 

Return on Investment: 

Anticipated benefit(s) of the investment:

1. Improve the quality of notes in circulation

2. Reduce spoilage

3. Improve counterfeit deterrence

4. Recover good notes from rejected sheets

5. Fewer Manual Functions

6. Improved Customer Satisfaction.

Requirements/ Benefits/ Mandates: 

Legislative Mandate: N/A

Audit Finding or Material Weakness: N/A

Agency Strategic Plan / Annual Performance Plan: N/A

Presidential Priority: N/A

Other Requirement: N/A