Award

Cash Collection Service

SOUTH TYNESIDE COUNCIL

This public procurement record has 1 release in its history.

Award

13 Sep 2021 at 11:02

Summary of the contracting process

The procurement process for the 'Cash Collection Service' was conducted by South Tyneside Council and has successfully reached the award stage. This contract falls under the banking and investment services industry category and is located in the North East region of the United Kingdom. The tender period concluded on 13th September 2021, with a contract value estimated at £120,000. The contract period is set to commence on 20th September 2021 and will run until 19th September 2023. The procurement was carried out through a selective method, which involved calling off from a framework agreement.

This tender presents a significant opportunity for businesses specialising in cash collection and related services, particularly for Small and Medium-sized Enterprises (SMEs). Competitors should possess the capability to deliver high-quality banking and investment services, as well as demonstrate a strong understanding of operational requirements outlined by South Tyneside Council. This contract not only offers a lucrative financial incentive but also establishes a foundation for potential future engagements within local government procurement.

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Notice Title

Cash Collection Service

Notice Description

This is an award of a call-off contract under ESPO Framework Agreement Reference 324F_20 - Cash Collection and Cash and Valuables in Transit.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1bb3a71b-f2ae-4fd9-8f2c-548dfb2686f7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/69a10ed6-0e41-4b3f-8658-55cf0afd9ea1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66100000 - Banking and investment services

Notice Value(s)

Tender Value
£120,000 £100K-£500K
Lots Value
Not specified
Awards Value
£120,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Sep 20214 years ago
Submission Deadline
13 Sep 2021Expired
Future Notice Date
Not specified
Award Date
12 Sep 20214 years ago
Contract Period
19 Sep 2021 - 19 Sep 2023 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
SOUTH TYNESIDE COUNCIL
Contact Name
Karen Dixon
Contact Email
karen.dixon@southtyneside.gov.uk
Contact Phone
07585 966533

Buyer Location

Locality
SOUTH SHIELDS
Postcode
NE33 2RL
Post Town
Newcastle upon Tyne
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC43 Tyneside
Delivery Location
TLC North East (England)

Local Authority
South Tyneside
Electoral Ward
Beacon and Bents
Westminster Constituency
South Shields

Supplier Information

Number of Suppliers
1
Supplier Name

SECURITY PLUS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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