Award

Petty Cash - Delivery Service

LONDON BOROUGH OF ISLINGTON

This public procurement record has 1 release in its history.

AwardUpdate

07 Mar 2024 at 15:10

Award Notice
Summary of the contracting process

The London Borough of Islington has awarded a contract for the provision of petty cash delivery services. The contract, valued at £40,500 GBP, was successfully awarded to Cash Solutions (UK) Ltd under a selective procurement method. The contract period runs from December 1, 2022, to December 1, 2025. The tender was initiated on November 1, 2022, with a completion status marked as 'complete'.

This opportunity for business growth in the banking and business services sectors involves providing emergency cash payments to vulnerable residents in Islington. Companies offering secure cash handling solutions, banking services, and business services such as law, marketing, consulting, and security may find this tender suitable for a competitive bid. The contract awarded by the London Borough of Islington opens avenues for service providers to contribute to the welfare and well-being of residents through efficient cash delivery services.

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Notice Information

Notice Title

Petty Cash - Delivery Service

Notice Description

The council requires cash to make emergency payments to residents and by offering the facility for residents to make cash payments for services cash is required to offer change etc in the instance of a cash payment being made. The council issues cash payments from a range of sites across the borough to vulnerable residents, there currently is no alternative solution to direct cash payments to these residents. The payments are made in emergency situations where the resident needs cash to buy food and pay for essentials the immediate availability of the cash is essential and the risks to the welfare and wellbeing of these service users is high without access to this payment facility.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2a14da4c-3ecb-486f-8270-39252d12305b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fe025526-03f1-4730-b004-70401b6210e6
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66110000 - Banking services

79000000 - Business services: law, marketing, consulting, recruitment, printing and security

Notice Value(s)

Tender Value
£40,500 Under £100K
Lots Value
Not specified
Awards Value
£40,500 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Mar 20241 years ago
Submission Deadline
1 Nov 2022Expired
Future Notice Date
Not specified
Award Date
25 Jan 20233 years ago
Contract Period
1 Dec 2022 - 1 Dec 2025 3-4 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 ISLINGTON
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
N1 2UD
Post Town
North London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
Not specified
Local Authority
Islington
Electoral Ward
St Mary's & St James'
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

CASH SOLUTIONS (UK

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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