Relief Pitcher

BSP spending P3.3 B to rehabilitate printing equipment

0 Comments | Manila Bulletin, July 17, 2010

The Bangko Sentral ng Pilipinas (BSP), which will spend P3.3 billion for a new complete line banknote printing and finishing equipment this year, is soliciting proposals for the rehabilitation of existing printing machines to complement the arrival of the new equipment.In a report to the Monetary Board, BSP’s Banknotes and Securities Printing Department said they have received two proposals from KBA Giori of Switzerland and Germany and Shiremoor International of the United Kingdom for the repair and refurbishing of three presses, part of the P5.7-billion rehabilitation program.KBA Giori is one of the bidders for the new superline printer while Shiremoor International provides engineering services to banknote printers.The proposals are for the rehabilitation of the Security Plant Complex’s (SPC) Simultan Press, Intaglio Press and Numerota Press.SPC Director Nestor B.

Solanio has assured the Monetary Board that the rehabilitation program will “not have adverse effect on the (SPC) production schedule.” Solanio said the Simultan Press’s rehabilitation will be done in-house and will only commence once the new complete line banknote printing and finishing equipment is installed. The Intaglio Press and Numerota Press, in the meantime, will have to be repaired outside of the SPC.The two units will have to be completely rehabilitated.Last June 25, the central bank’s Bids and Awards Committee headed by Assistant Governor Juan de Zuniga Jr. conducted a pre-bid conference for the purchase of the new P3.3 billion printing machine. Zuniga reported that there were two prospective bidders KBA Giori and Komori Corp. of Japan .The former was represented by F.E
printer repair

 July 29th, 2010  admin   No comments