Deutsche Bundesbank’s banknote tender for 2012 concluded

With the publication of the results of the tender procedure in the Supplement to the Official Journal of the European Union on 28 July 2011, the Deutsche Bundesbank has concluded this year’s tender procedure to procure the required euro banknote volume for 2012.

Carl-Ludwig Thiele, the Bundesbank Board member responsible for overseeing cash management, commented: “The Deutsche Bundesbank is duty-bound to operate efficiently and economically. As a public authority, it is subject to European and national public procurement legislation. This means it is obliged to carry out a tender procedure for the procurement of euro banknotes. The Federal Government’s public procurement review board, which last year considered an appeal against the Bundesbank’s tender procedure, confirmed the Bundesbank’s obligation in this respect. All in all, the tender has again proved its usefulness this year.”

In this year’s tender, the Deutsche Bundesbank awarded a contract to the following four banknote printing works: Joh. Enschedé Banknotes B.V., Haarlem, Netherlands (752 million €50 notes), Giesecke & Devrient GmbH, Munich, Germany (526 million €10 notes), Oberthur Technologies S.A., Levallois-Perret, France (526 million €10 notes), and Bundesdruckerei GmbH, Berlin, Germany (298 million €100 notes and 50 million €200 notes). The Deutsche Bundesbank has procured a total of approximately 2.15 billion banknotes for 2012.

The bids submitted by the various banknote printing works (which, in addition to complying with the Eurosystem’s certification requirements, had to satisfy the Bundesbank’s supplementary bidding terms), were considered and the contracts awarded solely on the basis of commercial criteria. As in previous years, no bidder was allowed to receive more than one of the multiple lots into which the overall order was divided.

Since 2008, the Bundesbank has procured its allocated share of the Eurosystem’s total banknote requirement in individual lots using a limited tender (known as the restricted procedure).