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Cash collection & cash in transit service

Newcastle-under-Lyme Borough Council

This public procurement record has 1 release in its history.

Award

10 Sep 2019 at 17:45

Award Notice
Summary of the contracting process

The Newcastle-under-Lyme Borough Council has awarded a contract for a Cash Collection and Cash in Transit service, classified under security services. The contract, valued at £42,458 and initiated through an open procurement method, is active as of July 18, 2019. The contract period commenced on August 1, 2019, and will run until July 31, 2024. The primary location for service provision is in the West Midlands, United Kingdom, with the tender period closing on May 17, 2019.

This tender represents an opportunity for businesses specialising in security services, particularly those equipped to handle cash logistics and secure transportation. Small and medium-sized enterprises (SMEs) may find this a suitable contract to pursue, given the specific requirements for secure collection and management of cash. Companies that offer comprehensive cash handling solutions and have experience with local government contracts would be well-positioned to compete effectively for similar contracts in the future.

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Notice Information

Notice Title

Cash collection & cash in transit service

Notice Description

The Borough Council of Newcastle-under-Lyme has a requirement for Cash Collection/Cash in Transit Service, the Authority will expect the successful contractor to deliver a range of services to include the following: a) The secure collection of Money from various Collection Points as specified by the Contracting Authority. b) The secure storage of all Money whilst in transit. c) The processing/consolidation (if necessary) and accurate recording of all Money collected. d) The onward delivery/depositing of all Money collected, either to another Collection Point, or at a nominated Cash Receiving Facility or Bank Account. e) Where requested, the secure overnight storage of Money collected will be required. f) The provision of a 'change float' service on either a scheduled or ad-hoc basis, to a specified Collection Point.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0fa04d8c-b67e-4720-b95e-f89ad7d1f777
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a0ae7079-fc18-4d47-8bd7-18f208d42baf
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79710000 - Security services

Notice Value(s)

Tender Value
£42,458 Under £100K
Lots Value
Not specified
Awards Value
£12,878 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Sep 20196 years ago
Submission Deadline
17 May 2019Expired
Future Notice Date
Not specified
Award Date
18 Jul 20197 years ago
Contract Period
1 Aug 2019 - 31 Jul 2024 Over 5 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
Newcastle-under-Lyme Borough Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NEWCASTLE-UNDER-LYME
Postcode
ST5 1BL
Postcode Area
Stoke-on-Trent
Country
England
Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG2 Shropshire and Staffordshire
Small Region (ITL 3)
TLG24 Staffordshire CC
Delivery Location
TLG West Midlands (England)
Local Authority
Newcastle-under-Lyme
Electoral Ward
Town
Westminster Constituency
Newcastle-under-Lyme

Supplier Information

Number of Suppliers
1
Supplier Name

Kings Armoured 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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