Bank of England enters into contracts to supply polymer for the next £20 banknote
06 October 2017 | 3136 views | 0
Source: Bank of England
The Bank of England is announcing today, Thursday 5 October, that it has entered into 10 year contracts with both CCL Secure Limited and De La Rue to supply the polymer substrate for the next £20 banknote, to be issued in 2020.
The Bank of England started a formal public procurement process in March 2016 for the supply of polymer substrate for the £20. The final decision to award contracts to CCL Secure and De La Rue was taken by the Court of the Bank of England.
Supply of polymer under the new contract will commence in 2018.