Award

Strapping machine supply and maintenance for cash centres and Swindon

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

17 Jun 2024 at 11:34

Summary of the contracting process

The Post Office Limited has awarded a contract for "Strapping machine supply and maintenance for cash centres and Swindon" to Southgate Global Limited. The contract, with a value of £150,000 GBP, was awarded on 12th February 2023 and will run until 12th February 2026. The procurement method used was a limited Competitive quotation (below threshold), and the tender period ended on 12th February 2023.

This procurement process presents an opportunity for businesses specialising in services related to strapping machines to engage with the Post Office Limited. Small and medium enterprises (SMEs) may find this tender particularly suitable. The industry category of the contract is 'Strapping machines', and the location of the contract is in the United Kingdom. Businesses looking to provide maintenance services for strapping machines and related equipment can benefit from pursuing opportunities within this contracting process.

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Notice Title

Strapping machine supply and maintenance for cash centres and Swindon

Notice Description

Post Office has a requirement to count and strap bank notes for Bank of England and Scottish banks, across 3 UK centres, as part of our obligations as a member of the NCS. Post Office currently has an estate of 12 existing automatic strapping machines in its cash centres that require ongoing maintenance and servicing in line with OEM recommendations. Post Office also require the option to replace failed equipment with new automatic strapping machines and or seek to increase the number of machines held in the estate. Post Office also has strapping machines at its Swindon stock and a wrapping machine that will also require ongoing maintenance. The strapping machines are critical equipment for the Post Office operation. Bank notes require strapping, in order to be paid in to Bond or sent to BOE. Post Office shall also require the provision for short term equipment hire, in the event of strapping machine failure, become BER or due to operational pressures. Procurement conducted an exercise to obtain three quotes from the market to ensure fair competition. The restricted process ensured a compliant PCR 2015 award with reduced timescales.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-35a3b749-c387-4186-9de2-caeebb59bdbe
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/22ad9bce-90d7-4e8d-854a-094559dfaab6
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

42 - Industrial machinery


CPV Codes

42921310 - Strapping machines

Notice Value(s)

Tender Value
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Jun 20241 years ago
Submission Deadline
12 Feb 2023Expired
Future Notice Date
Not specified
Award Date
12 Feb 20233 years ago
Contract Period
13 Feb 2023 - 12 Feb 2026 3-4 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
POST OFFICE LIMITED
Contact Name
Post Office Procurement
Contact Email
procurement@postoffice.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2V 7ER
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

SOUTHGATE GLOBAL

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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