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CORPORATE SERVICES SECTOR I PROCUREMENT MANAGEMENT DEPARTMENT REQUEST FOR QUOTATION Negotiated Procurement Small Value Procurement [Project Identification Number (P.I.N.) BASIC GS No. 20240470 & 0508
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01
Design the layout of the banknote or security, including all necessary security features.
02
Choose the appropriate printing method based on the complexity of the design and security requirements.
03
Use high-quality paper and ink to ensure durability and prevent counterfeiting.
04
Print the banknotes or securities according to the approved design and security specifications.
05
Conduct quality control checks throughout the printing process to identify and correct any errors or defects.
06
Package the finished banknotes or securities securely to prevent damage or tampering during transport.

Who needs banknotes and securities printing?

01
Government agencies responsible for issuing currency and other financial securities.
02
Central banks that oversee monetary policy and regulate the money supply.
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Commercial banks and financial institutions that distribute currency and process financial transactions.
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Collectors and numismatists who are interested in banknotes and securities as historical or artistic artifacts.
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Banknotes and securities printing refers to the process of producing currency notes and financial instruments such as stocks and bonds, which are used as legal tender and investment vehicles, respectively.
Entities involved in the production of banknotes and securities, such as printing companies, central banks, and financial institutions, are required to file banknotes and securities printing.
To fill out banknotes and securities printing, entities must provide detailed information about the quantity produced, types of currency or securities printed, and the intended use of these financial instruments.
The purpose of banknotes and securities printing is to create standardized, secure forms of money and investment instruments that facilitate trade, investment, and economic activity.
The information that must be reported includes the denomination of banknotes printed, types of securities produced, production quantities, and the issuer's identification details.
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