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ExpectMore.govExpectMore.gov home pageEXPECT FEDERAL PROGRAMS TO PERFORM WELL, AND BETTER EVERY YEAR.
 
Program Assessment

Program

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New Currency Manufacturing

The Bureau of Engraving and Printing's (BEP) New Currency Manufacturing Program seeks to efficiently produce a safe and secure United States Currency.

Rating

What This Rating Means

PERFORMING
Effective

This is the highest rating a program can achieve. Programs rated Effective set ambitious goals, achieve results, are well-managed and improve efficiency.
  • The program's New Currency program has a clear purpose, is well planned, and is managed effectively.
  • The program met the initial production and timeline goals of its New Currency program with the rollout of the new twenty dollar bill in 2003.
  • The program has adequate long-term targets and timeframes, including planned rollouts of counterfeit deterrent features for use in future generation notes through the next 7 to 10 years.

Improvement Plan

About Improvement Plans

We are taking the following actions to improve the performance of the program:

  • Working closely with the Advanced Counterfeit Deterrent Steering Committee to identify and evaluate future counterfeit deterrent designs.
  • Continuing to work with the Advanced Counterfeit Deterrent Steering Committee to assess the impact of New Currency on counterfeiting performance measures across government.
  • Monitoring its design and overhead costs related to the manufacture of New Currency to ensure the most efficient production and distribution of future denominations.

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