Banknotes

Description

Danmarks Nationalbank is the central bank of Denmark. Nationalbanken's purpose is to ensure stable prices, safe payments and a stable financial system. Nationalbanken is the sole issuing authority of banknotes and coins in Denmark, the Faroe Islands and Greenland. Nationalbanken decided to discontinue internal printing/production of banknotes by the end of 2016. Like a number of other central banks, Nationalbanken will outsource this function to an external supplier. Nationalbanken will still be the issuing authority of banknotes in Denmark and will retain its expertise within banknote design and quality. The monetary unit in Denmark is the Danish krone. The current denominations of Danish banknotes are: 50 kroner, 100 kroner, 200 kroner, 500 kroner and 1 000 kroner. With this procurement, Nationalbanken expects to enter into a framework agreement on the production of Danish banknotes. Thus, the supplier shall be responsible for all productions steps in the production of banknotes, including, printing, security feature integration, numbering, packaging, upgrade of banknotes and provision of the security paper. The banknotes shall be produced at a security printing works with a printing machine equipped with a least 4+4 wet offset printing units. This is to guarantee that the very fine lines of the existing banknotes can be reproduced by the supplier in order to maintain the existing visual appearance of the banknotes. Nationalbanken expects to purchase approximately 160 mill. banknotes in total dispersed on the five denominations during the term of the framework agreement. The estimated purchase is based on Nationalbanken's best knowledge of the potential future requirement of banknotes at the time of publication of the contract notice. It does not constitute a promise of purchase. Nationalbanken is entitled to buy more or less, and even to decide to cease ordering of one or more denominations. The supplier shall have a security organisation capable of ensuring delivery of Danish banknotes according to the requirements in the framework agreement in a secure manner. The framework agreement will include further security requirements, for instance regarding the supplier's information systems, physical and electronic security, the supplier's organisation, temporary storage facilities and production of Danish banknotes as well as requirements regarding the transportation of Danish banknotes.