Treasury Department releases Final Environmental Impact Statement for new production facility

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U.S. Department of the Treasury officials said the Agency’s Bureau of Engraving and Printing (BEP) has released the Final Environmental Impact Statement (EIS) for a new Currency Production Facility (CPF).

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The EIS for the proposed construction and operation of the CPF within the National Capital Region (NCR) analyzes potential environmental, cultural, and socioeconomic impacts in accordance with the National Environmental Policy Act (NEPA).

The proposed new venue, per authorities, would replace the Treasury Department’s Washington, DC production facility while offering a modern, scalable, sufficiently sized production facility within the NCR that meets the agency’s needs – resulting in more efficient and streamlined currency production and allowing a continual presence within the NCR.

The Government Accountability Office (GAO) previously confirmed that the DC Facility has been operating for more than 100 years.

Additionally, the GAO determined the site can neither support modern currency production nor support the Treasury Department’s and BEP’s current and future missions of secure and efficient currency production, maximum worker safety, environmental responsibility, and effective use of public resources.

The Treasury Department has indicated based on the Final EIS analysis, the agency is slated to prepare and execute its Record of Decision (ROD) announcing which alternative is environmentally preferable, the alternative selected for implementation, and which mitigation measures are to be implemented to reduce potential adverse impacts.

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