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Cash in transit

London Borough of Merton

This public procurement record has 1 release in its history.

Award

06 Aug 2020 at 10:56

Award Notice
Summary of the contracting process

The procurement process is led by the London Borough of Merton, which is seeking services for cash in transit, specifically the collection and delivery of cash for banking purposes. This contract, with a total value of £323,000, is categorised under collection agency services (CPV code 79940000) and is located in London, United Kingdom. The tender period concluded on 31st March 2020, and the contract is set to run from 18th June 2020 to 17th June 2023. The procurement method follows an open procedure, allowing broad participation.

This tender presents significant opportunities for businesses in the security and cash management sectors, particularly for those experienced in logistics and financial services. Companies equipped to handle the nuances of cash transport and banking coordination would be well-placed to compete for this contract. As the London Borough of Merton has awarded the contract to Jade Security Services Ltd, future tenders may arise for similar services, providing pathways for growth in this essential industry.

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Notice Information

Notice Title

Cash in transit

Notice Description

Collection and delivery of cash for banking

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-03e82030-d099-47b2-9c1b-c995e3130769
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/37dee979-b3ef-4852-806c-61d503e580ee
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79940000 - Collection agency services

Notice Value(s)

Tender Value
£323,000 £100K-£500K
Lots Value
Not specified
Awards Value
£323,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Aug 20206 years ago
Submission Deadline
31 Mar 2020Expired
Future Notice Date
Not specified
Award Date
1 Apr 20206 years ago
Contract Period
18 Jun 2020 - 17 Jun 2023 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
London Borough of Merton
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
MORDEN
Postcode
SM4 5DX
Postcode Area
Sutton
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI6 Outer London - South
Small Region (ITL 3)
TLI63 Merton, Kingston upon Thames and Sutton
Delivery Location
TLI London
Local Authority
Merton
Electoral Ward
Merton Park
Westminster Constituency
Wimbledon

Supplier Information

Number of Suppliers
1
Supplier Name

Jade Security Services Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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