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Nepal awards biometric passport contract worth $55.11 million to Mühlbauer and Veridos, surprising incumbent Idemia.
Jun 23, 2025•12 months ago
Contract Type
contract
Description
Mühlbauer and Veridos secured the contract to provide biometric passports to Nepal, outbidding Idemia, which had held the contract for 15 years. The total contract value is $55.11 million, which includes a package for enrollment systems and IT infrastructure, as well as biometric passport booklets.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months