Department of the Treasury

Bureau of Engraving and 

Printing

FY 2019

Capital Investment Plan
2

Table of Contents

Major IT Investment ....................................................................................................................... 3

IT Investment.................................................................................................................................. 3

Integration & Enhancements....................................................................................................... 3

Non-IT Investments........................................................................................................................ 6

BEP Armored Vehicles............................................................................................................... 6

BEP DCF Buildings.................................................................................................................... 7

BEP WCF Building and Land..................................................................................................... 8

Consolidated Facility Improvements........................................................................................ 10

DCF Production Facility Replacement ..................................................................................... 11

Manufacturing Support Equipment........................................................................................... 13

Retooling................................................................................................................................... 14

WCF Facility Expansion........................................................................................................... 15
3

The OMB FY 2019 IT Budget – Capital Planning Guidance changed how certain IT Investments 

should be categorized. The Agency IT portfolio summary consists of Part 1: IT Investments for 

Mission Delivery; Part 2: IT investment for Administrative Services and Support Systems, and Part 

3, IT Investments for IT infrastructure, IT Security, and IT Management. The guidance no longer 

requires Part 3 investments to be reported as major or non-major investments. However, the 

Department of the Treasury’s Capital Investment Plan will continue to report these investments 

as well as the non-IT investments included in prior-year plans.

Treasury guidance requires five years of investment data for most IT investments. However, 

cybersecurity and non-major IT investments are not required to provide this level of detail. In 

addition, Treasury gives discretion to Bureaus on what level of detail to provide for out-year cost 

data. Due to this, there is some variability in the presentation of out-year cost estimates in this 

document.

Major IT Investment

BEP has no major IT investments under OMB guidance. However, this plan will continue to 

report investments from prior year plans in other categories. 

IT Investment 

Integration & Enhancements

(Previously reported as a major IT investment but now categorized as a part 3 investment)

Description:

Upgrades to BEP's IT infrastructure and installation of new or upgraded software to support 

BEP's core manufacturing and support business processes with an integrated database.

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

10.19 1.20 5.70 NA 8.53 NA NA NA 25.61

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

6.93 16.41 11.63 16.67 8.68 NA NA NA 60.32

Total Costs 17.12 17.60 17.33 16.67 17.21 NA NA NA 85.93

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

BEP has been implementing the BEP Enterprise Network (BEN) initiative. BEN is a 

comprehensive, technology-centric program focused on systems modernization and business 

transformations. BEN aims to improve overall management and automation of BEP's Currency

Production and Direct Support processes. This initiative involves upgrading BEP's IT 

infrastructure and installing new or upgraded software functionality to support the Bureau's core 

manufacturing and support business processes with an integrated database. BEN is built on a 
4

Commercial Off-The-Shelf solution that utilizes Oracle's Enterprise Resource Planning (ERP) 

and contains several customized ERP modules.

Return on Investment: 

This investment initiative enhances the functionality of the five customized application solutions 

that reduce production costs and improve process efficiencies at the Bureau of Engraving and 

Printing. These further enhancements benefit the Bureau by enabling near real-time data 

collection, visibility, and notifications for currency production presses/equipment and related 

systems. They will also provide additional BEP specific manufacturing and accountability 

functionality to reduce quality defects, reduce manual processes, increase efficiency, and provide 

an enterprise view of data and information for improved decision making. 

Accomplishments and Future Objectives: 

Accomplishments of the Integration and Enhancement investment include enabling bi-directional 

communication between Manufacturing Execution Console (MEC) and Flowsys for consumable 

assignment and installation. We have also improved operational efficiency in the Financial Year 

End closeout process by supporting the creation of financial statements and awards in 

preparation for the fiscal year end through reports and user assistance. There have also been 

several deployed enhancements to support procurement and inventory reporting capabilities. 

Also, we implemented an IdAM entity Federation from SiteMinder to Salesforce for Single Sign 

On, which resulted in a streamlined automated onboarding, management, and de-provisioning of 

employee and contractor accounts.

Future objectives are to continue to increase the source data that is extracted from manufacturing 

equipment and improve the functionality of the applications through further enhancements.

Performance Evaluation and Metrics: 

Metric Description

Performance 

Measurement 

Category 

Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target*

Latest 

Actual 

Result

Date of 

Latest 

Actual 

Result

BEP Enterprise System (BEN) I&E Deliverable 

Quality Score

Customer 

Satisfaction 

(Results)

Over target Monthly Quality 4.00 5.00 12/11/2017

BEN I&E Application Release Earned Value Financial 

Performance Over target SemiAnnual Cost 277362.00 308180.00 06/28/2017

The BEN Identity and Access Management 

(IdAM) solution automates the user access 

provisioning. This metric measures the 

percentage of access requests completed that 

still require manual access provisioning versus 

the percentage of access requests that are 

automatically provisioned. [Automated 

Provision Count/Total Provision Count]*100%

Strategic and 

Business Results Over target Monthly Percentage 0.65 0.69 12/11/2017

The BEN MEC and DMM/ESB applications 

receive and send data to the FlowSys 

application for load assignment, consumable 

assignment/installation, and accountability data. 

This metric measures that the percentage of 

press loads entered manually by production 

users is less than 7% of messages received with 

FlowSys data. Note: This is for outside the postStrategic and 

Business Results Under target Monthly Percentage 0.06 0.01 12/11/2017
5

deployment support window (30 days postdeployment support).

This metric measures the number of average 

queries run by distinct users in BEN Reporting a 

month. This shows use of the application on a 

monthly basis.

Strategic and 

Business Results Over target Monthly Number 200.00 278.00 12/10/2017

* CY Target also refers to FY 2019 target.
6

Non-IT Investments

BEP Armored Vehicles

Description:

The Bureau of Engraving and printing owns three armored vehicles for use in transporting 

security products.

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

NA NA NA NA NA NA NA NA NA

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.09

Total Costs 0.00 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.09

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

The Bureau of Engraving and Printing owns three armored vehicles - two located at the facility 

in Washington, D.C. and one at the Western Currency Facility in Fort Worth, Texas. The 

vehicles are used to secure and transport security products and equipment from its facilities to 

local airports in support of BEP's mission critical law enforcement function. The investments 

were purchased over 20 years ago; only operations and maintenance funds are required.

Return on Investment: 

Investment allows the agency to provide security and safe transport of its products.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.

Accomplishments and Future Objectives: 

Continue to perform routine maintenance and repairs.

Details of Useful Life Period: 

Year the investment began: 1995

End Year of the current planning cycle: 2021

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.
7

Performance Evaluation and Metrics: 

Metric 

Description

Performance Measurement 

Category Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target*

Latest 

Actual 

Result

Date of Latest 

Actual Result

Cost per 

vehicle Financial Performance Under target Annual Numeric .01 .01 9/30/2017

* CY Target also refers to FY 2019 target.

BEP DCF Buildings

Description:

The BEP occupies and uses buildings (Main and Annex) and land owned by the Department of 

the Treasury. The BEP is not charged for the use of the buildings or land, but is responsible for 

maintenance and repair of all buildings and land improvements.

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

NA NA NA NA NA NA NA NA NA

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

8.50 8.23 8.30 8.55 8.81 9.07 9.34 9.62 70.42

Total Costs 8.50 8.23 8.30 8.55 8.81 9.07 9.34 9.62 70.42

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

The BEP occupies and uses buildings (Main and Annex) and land owned by the Department of 

the Treasury. The BEP is not charged for the use of the buildings or land, but is responsible for 

maintenance and repair of all buildings and land improvements.

Return on Investment: 

Keeping up with routine maintenance and repair allows BEP to meet the yearly currency order 

and support the ongoing retooling initiatives through balanced investment in people, processes, 

facilities and technology.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.
8

Accomplishments and Future Objectives: 

Continuance of maintenance operations.

Details of Useful Life Period: 

Year the investment began: 1914

End Year of the current planning cycle: 2037

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.

Performance Evaluation and Metrics: 

Metric 

Description

Performance Measurement 

Category Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target*

Latest 

Actual 

Result

Date of Latest 

Actual Result

Cost per sq. ft. Financial Performance Under target Quarterly Numeric 21.25 20.31 9/30/2017

* CY Target also refers to FY 2019 target.

BEP WCF Building and Land

Description:

BEP occupies/uses buildings and land owned by the Department of the Treasury and is 

responsible for maintenance/repairs of all buildings and land improvements. The land and 

building shell for the Western Currency Facility were donated by the City of Fort Worth, TX.

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

NA NA NA NA NA NA NA NA NA

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

15.16 14.16 14.73 15.17 15.17 15.63 16.10 16.58 122.69

Total Costs 15.16 14.16 14.73 15.17 15.17 15.63 16.10 16.58 122.69

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

BEP occupies/uses buildings and land owned by the Department of the Treasury and is 

responsible for maintenance/repairs of all buildings and land improvements. The land and 

building shell for the Western Currency Facility were donated by the City of Fort Worth, Texas 

to the Department, which holds the title. The facility houses manufacturing equipment, 

manufacturing and information technologies, equipment and human resources used to support 

the manufacture of United States Currency and other secure printing documents.
9

Return on Investment: 

Allow agency to meet the yearly currency order and support the ongoing retooling initiatives, to 

achieve overall excellence and customer satisfaction through balanced investment in people, 

processes, facilities and technology.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.

Accomplishments and Future Objectives: 

Continued performance of maintenance and repair in FY 2018. WCF Facility Expansion - FY 

2018 and FY 2019.

Details of Useful Life Period: 

Year the investment began: 1987

End Year of the current planning cycle: 2027

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.

Performance Evaluation and Metrics: 

Metric 

Description

Performance Measurement 

Category Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target*

Latest 

Actual 

Result

Date of Latest 

Actual Result

Cost per sq. ft. Financial Performance Under target Quarterly Numeric 21.25 4.92 9/30/2017

* CY Target also refers to FY 2019 target.
10

Consolidated Facility Improvements

Description:

The consolidated facility improvement projects include minor office renovations and structural 

upgrades to the Washington, D.C. and Fort Worth, TX facilities.

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

13.98 9.15 5.05 22.55 16.05 5.00 5.15 5.30 82.23

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

NA NA NA NA NA NA NA NA NA

Total Costs 13.98 9.15 5.05 22.55 16.05 5.00 5.15 5.30 82.23

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

Consolidated facility improvement projects include minor renovations, safety and infrastructural 

upgrades to BEP facilities. For FY 2019, BEP requested legislative authority to purchase land 

and construct a new, smaller, more efficient currency production facility. If authority is not 

granted, the BEP would be forced to use existing legislative authorities to embark on a 

renovation effort, in FY 2019, of the existing Main and Annex Buildings in order to ensure its

ability to meet its mission. Renovation costs are estimated at $92.39M (FY 2019), $36.12M (FY 

2020), $7.07M (FY 2021), $837.74M (FY 2022), and $1.0696B (FY 2023 and beyond). 

Return on Investment: 

The anticipated benefit(s) of the investment: 1. Improve safety 2. Reduce environmental hazards 

3. Increase efficiencies.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.

Accomplishments and Future Objectives: 

FY 2017 Construction.

FY 2018 Award Design and Construction.

FY 2019 Award Design and Construction.

Details of Useful Life Period: 

Year the investment began: 2012
11

End Year of the current planning cycle: 2037

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.

Performance Evaluation and Metrics: 

Metric Description

Performance 

Measurement Category 

Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target

Latest 

Actual 

Result

Date of Latest 

Actual Result

Funds Control - Actual 

capital expenditures versus 

planned budget

Financial Performance Under target Monthly Percentage 100.00 90.19 9/30/2017

DCF Production Facility Replacement

Description:

Construction of a new more efficient currency production facility to replace aging infrastructure 

at the BEP's current Washington, D.C. facility in order to achieve increased efficiencies and 

reduced annual operating costs.

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

NA NA NA 80.82 4.51 4.51 925.93 426.62 1,422.39

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

NA NA NA NA NA NA NA NA NA

Total Costs NA NA NA 80.82 4.51 4.51 925.93 426.62 1,422.39

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

The current BEP currency production facility in Washington, D.C. (DCF) is comprised of two 

multi-level, multi-wing buildings - the Main building and Annex building. Both buildings, 

constructed in the early 1900s, are costly to maintain and are obsolete in relation to modernized 

currency printing technology. The current building layout results in increased time, cost and 

spoilage for delivery, transport and storage of raw materials and inventories of currency products 

throughout the manufacturing process. The aging infrastructure exposes the DCF to 

vulnerabilities relating to potential facility systems failures and inefficiencies - HVAC, electrical 

and plumbing; code compliance; physical and product security.

As the existing DCF must continue to operate in order to meet the yearly currency order, the 

project to renovate and upgrade the existing DCF facilities must begin in FY 2019, in order to be 
12

prepared to issue redesigned banknotes on/about 202X. BEP has requested statutory authority to 

construct a new more efficient facility with a ten-year cost of $1.435 billion. Without this 

authority, BEP would have to undertake a much more costly and difficult renovation with a cost 

of $2.013 billion. To construct a new DCF would save $579 million over 10 years, but with an 

additional $22 million in savings in 2029, 2020 and 2031. 

Return on Investment: 

This investment will provide the following benefits:

* Reduce BEP’s footprint by an estimated 28 percent.

* Reduce annual O&M costs

* Result in lower capital investment versus in-place renovation of current facility.

* Improve the quality, productivity and cost effectiveness of the Bureau's core manufacturing 

processes.

* Support the timely manufacture of U.S. Currency in a dependable and predictable manner.

* Increase security, safety and storage capacity.

* Allow for increased flexibility with technology changes with new security feature designs.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.

Accomplishments and Future Objectives: 

N/A.

Details of Useful Life Period: 

Year the investment began: 2029

End Year of the current planning cycle: 2079

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.
13

Manufacturing Support Equipment

Description:

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

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

36.85 15.25 19.80 29.49 30.37 31.28 32.22 33.19 228.46

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

NA NA NA NA NA NA NA NA NA

Total Costs 36.85 15.25 19.80 29.49 30.37 31.28 32.22 33.19 228.46

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

The project is a multi-year project that replaces older, fully depreciated manufacturing support 

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

BEP to be more cost effective and efficient in meeting customer requirements for the production 

of currency notes. New manufacturing support equipment is typically more energy efficient, ecofriendly and reduces machine down time. In addition, new support 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.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.

Accomplishments and Future Objectives: 

FY 2015: Awarded contract for manufacturing support equipment.

FY 2016: Awarded contract for and acquisition of manufacturing support equipment.

FY 2017: Awarded contract for Banknote Testing Design Press Lines, Natick Production 
14

Replacement Equipment; CTO Lab Equipment Replacement

FY 2018: Award Barcoding RFID implementation; Banknote Test; WCF Plating Line; Notascreen Press.

Details of Useful Life Period: 

Year the investment began: 2015

End Year of the current planning cycle: 2025

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.

Performance Evaluation and Metrics: 

Metric Description

Performance 

Measurement Category 

Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target*

Latest 

Actual 

Result

Date of Latest 

Actual Result

Fund Control - actual capital 

expenditures versus planned 

budget.

Financial Performance Under target Monthly Percentage 105.00 56.00 9/30/2017

* CY Target also refers to FY 2019 target.

Retooling

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: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

34.32 87.62 58.67 98.50 101.45 104.50 107.63 110.86 703.55

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

0.36 NA NA NA NA NA NA NA 0.36

Total Costs 34.68 87.62 58.67 98.50 101.45 104.50 107.63 110.86 703.91

Number of FTE NA NA NA NA NA NA NA NA NA

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 
15

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.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.

Accomplishments and Future Objectives: 

FY 2017: Contract work was conducted for the following equipment: for Intaglio Presses, LEPE 

and Online Inspection equipment, cutting and packaging systems, a plating line and Plasterota 

system, a Cash Pak machine, QED Phase 1, and currency sheet accountability equipment.

FY 2018: Awards are planned in 2018 for the following equipment: LEPE, $100 Product Line;

Hot Foil Lamination machines; OCIS Inspection upgrade; QED-2 development.

Details of Useful Life Period: 

Year the investment began: 2015

End Year of the current planning cycle: 2025

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.

Performance Evaluation and Metrics: 

Metric Description

Performance 

Measurement Category 

Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target*

Latest 

Actual 

Result

Date of Latest 

Actual Result

Funds Control - Actual 

capital expenditures versus 

planned budget

Financial Performance Under target Monthly Percentage 105.00 89.34 9/30/2017

* CY Target also refers to FY 2019 target.

WCF Facility Expansion

Description:

A proposed expansion to the Western Currency Facility (WCF) in Fort Worth, TX, adding about 
16

250,000 sq. ft. of new space, to support additional production capabilities required for the 

accelerated currency redesign of the $5, $10 and $20 notes.

Investment Anticipated Outlay: ($000,000s): 

Type 2016 and 

Prior 

Actual

2017 

Actual

2018 

Estimated

2019 

Estimated

2020 

Estimated

2021 

Estimated

2022 

Estimated

2023 and 

Beyond 

Estimated

Total

Sub-Total DME (Including 

Internal labor (Govt. FTE) 

Costs)

NA 7.50 108.00 72.00 NA NA NA NA 187.50

Sub-Total O&M Costs 

(Including Internal Labor 

(Govt. FTE) Costs)

NA NA NA NA NA NA NA NA NA

Total Costs NA 7.50 108.00 72.00 NA NA NA NA 187.50

Number of FTE NA NA NA NA NA NA NA NA NA

Summary of Purpose, Goals, and Benefits: 

This project is a proposed expansion to the Western Currency Facility (WCF) in Fort Worth, TX. 

The expansion will add approximately 250,000 square feet to the existing facility which will 

accommodate additional production capabilities to support the next family of currency design, 

including space for up to five Hot Foil presses, two LEPEs, tactile feature equipment, undefined 

future production machineries, reclamation efforts, new plating line, additional vault/ work-in 

process (WIP) space, enclosed truck cells, production support, and central utility plant upgrade. 

The expansion will include structural enhancements to provide better protection against severe 

weather and possible security threats. The scope includes the security-related requirements and 

construction of an additional parking area to accommodate increased staffing necessary for the 

new equipment.

Return on Investment: 

This investment will provide the following benefits:

* Provide high quality, secure currency required by the Federal Reserve Board and the United 

Sates Secret Service in a timely and cost-effective manner.

* Improve the performance of U.S. Currency notes to function flawlessly in commerce.

* Improve the quality, productivity and cost effectiveness of the Bureau's core manufacturing 

processes.

* Support the timely manufacture of U.S. Currency in a dependable and predictable manner.

* Increase WIP storage space.

* Allow for an efficient phased approach to the replacement of aging equipment and introduction 

of new processes.

Requirements/ Benefits/ Mandates: 

Legislative mandates, Outstanding audit findings or Material weakness, Presidential 

Directive: N/A.
17

Accomplishments and Future Objectives: 

FY 2017 - Entered into interagency agreement with U.S. Army Corp of Engineers for AE design.

FY 2018 - Construction.

FY 2019 - Construction.

Details of Useful Life Period: 

Year the investment began: 2017

End Year of the current planning cycle: 2067

Description of why the investment is not consistent with life cycle model defined in OMB 

Circular A-131.: N/A.

Performance Evaluation and Metrics: 

Metric Description

Performance 

Measurement Category 

Mapping

Measurement 

Condition

Reporting 

Frequency

Unit Of 

Measure

CY 

Target*

Latest 

Actual 

Result

Date of Latest 

Actual Result

Fund Control - actual capital 

expenditures versus planned 

budget.

Customer Satisfaction 

(Results) Under target Monthly Percentage 100.00 25.00 9/30/2017

* CY Target also refers to FY 2019 target.