Award

Managed Cash Collection Service

REDCAR & CLEVELAND BOROUGH COUNCIL

This public procurement record has 1 release in its history.

Award

13 Jul 2020 at 15:58

Summary of the contracting process

The procurement process involves Redcar & Cleveland Borough Council seeking a Managed Cash Collection Service, categorised under financial and insurance services, located in the North East of England. This procurement was initiated through a selective method, following a framework agreement, with a total contract value of £232,000. The tender period ended on 14 May 2020, with the contract commencing on 1 June 2020 and set to conclude on 31 May 2024. The award for the contract was made on 20 May 2020, and was published on 13 July 2020.

This tender offers significant business growth opportunities for companies specialising in financial services, particularly those that can manage cash collection and associated logistics effectively. Small and medium-sized enterprises (SMEs) are encouraged to compete, as the procurement is open to them. Businesses with a robust capability in handling cash collection and those familiar with local authority contracts would find this opportunity particularly suitable.

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Notice Title

Managed Cash Collection Service

Notice Description

Managed Cash Collection Service

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1ed8fd1a-ff7b-4ea2-b085-9b46ef080ba3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/789f472d-b0bd-4062-87ef-10c001fc3260
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

98 - Other community, social and personal services


CPV Codes

66000000 - Financial and insurance services

98351100 - Car park services

Notice Value(s)

Tender Value
£232,000 £100K-£500K
Lots Value
Not specified
Awards Value
£232,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jul 20205 years ago
Submission Deadline
14 May 2020Expired
Future Notice Date
Not specified
Award Date
19 May 20205 years ago
Contract Period
31 May 2020 - 31 May 2024 4-5 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
REDCAR & CLEVELAND BOROUGH COUNCIL
Contact Name
Michelle Gray
Contact Email
procurement@redcar-cleveland.gov.uk
Contact Phone
01642 774774

Buyer Location

Locality
REDCAR
Postcode
TS10 1RT
Post Town
Cleveland
Country
England

Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC3 Tees Valley
Small Region (ITL 3)
TLC32 South Teesside
Delivery Location
TLC North East (England)

Local Authority
Redcar and Cleveland
Electoral Ward
Coatham
Westminster Constituency
Redcar

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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