Award

R5081 - Cash Collection Services

TOWER HAMLETS

This public procurement record has 1 release in its history.

Award

05 Apr 2017 at 08:45

Summary of the contracting process

The procurement process titled "R5081 - Cash Collection Services" is managed by Tower Hamlets, located in London, England. This open tender, classified under security services, involves providing cash collection and banking services for the borough. The tender period concluded on 14th October 2016, while the contract runs from 1st December 2016 to 30th November 2021, with a total value of £200,000. The procurement has successfully reached the award stage, with the active award dated 17th November 2016.

This tender presents a valuable opportunity for SMEs, particularly those specialising in security and cash management services, to engage with a local government authority. Businesses well-suited to compete would ideally have experience in operational cash collections and banking conveyance services, as well as the capacity to manage regular and ad hoc collections across establishments in the borough. This contract not only fosters growth for providers in the security services industry but also allows them to establish a long-term relationship with Tower Hamlets.

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Notice Title

R5081 - Cash Collection Services

Notice Description

The provision of cash collection, banking services and a cash supply service. The service provision required by the Council consists of: * Regular collection of monies from establishments across the borough * Ad hoc collections of monies from establishments across the borough * Regular deliveries to the Council's bank * Delivery of cash to establishments across the borough

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-467a2e2b-5308-45ce-a772-0a14e889f639
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/90267c36-13b0-4b1e-b658-49affc1b9839
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
SME

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
£200,000 £100K-£500K
Lots Value
Not specified
Awards Value
£200,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Apr 20178 years ago
Submission Deadline
14 Oct 2016Expired
Future Notice Date
Not specified
Award Date
17 Nov 20169 years ago
Contract Period
1 Dec 2016 - 30 Nov 2021 Over 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
TOWER HAMLETS
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
E14 2BG
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI42 Tower Hamlets
Delivery Location
TLI London

Local Authority
Tower Hamlets
Electoral Ward
Poplar
Westminster Constituency
Poplar and Limehouse

Supplier Information

Number of Suppliers
1
Supplier Name

JADE SECURITY SERVICES

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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