The new and more efficient manufacturing facility is projected to be approximately 1 million square feet in size at an estimated preliminary budget in excess of $1.3 billion. The new location will allow the BEP personnel to work in a more secure, flexible, safer and modern facility that will help the agency meet their desired goals in sustainability and environmental goals.
David Zorger, Principal and CEO of PSG states, “Project Solutions Group is honored to be chosen by BEP to provide a professional Project Management team to support the FPMO in constructing a new currency printing facility in order to improve its manufacturing efficiencies.”
BEP is a government agency within the United States Department of the Treasury that designs and produces a variety of security products for the United States government, most notable of which is Federal Reserve Notes (paper money) for the Federal Reserve, the nation's central bank. In addition to paper currency, the BEP produces Treasury securities; military commissions and award certificates; invitations and admission cards; and many different types of identification cards, forms, and other special security documents for a variety of government agencies. With production facilities in Washington, D.C. and Fort Worth, Texas, BEP is the largest producer of government security documents in the United States.