Award

Cash Management Contract

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

29 Apr 2020 at 11:41

Summary of the contracting process

The public procurement process for the Cash Management Contract, conducted by Transport for London, involved the supply and maintenance of cash management services valued at £4,900,000. This contract falls under the industry category of office and computing machinery, equipment, and supplies, and is located in London, United Kingdom. The procurement was executed using a selective method, specifically a restricted procedure above the threshold. The tender period concluded on 1st March 2020, while the contract is set to commence on 15th May 2020 and run until 15th June 2025.

This award presents significant opportunities for business growth, particularly for companies specialising in cash management solutions and related services. Firms with capabilities in providing office and computing machinery, as well as those experienced in maintenance and support services, would be well-positioned to compete in future tenders within this procurement category. As Transport for London continues to manage cash handling through this contract, there may be follow-up opportunities or additional service requirements that could benefit suitably qualified providers.

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Notice Title

Cash Management Contract

Notice Description

Supply and Maintenance of Cash Management

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4d3e49e6-cc13-41bf-99fb-55e96ece6062
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/418f575f-4e8b-463b-b5d0-4530daaec163
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages


CPV Codes

30000000 - Office and computing machinery, equipment and supplies except furniture and software packages

Notice Value(s)

Tender Value
£4,900,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,900,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Apr 20205 years ago
Submission Deadline
1 Mar 2020Expired
Future Notice Date
Not specified
Award Date
1 Mar 20205 years ago
Contract Period
14 May 2020 - 15 Jun 2025 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
TRANSPORT FOR LONDON
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
E20 1JN
Post Town
East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI41 Hackney and Newham
Delivery Location
TLI London

Local Authority
Newham
Electoral Ward
Stratford Olympic Park
Westminster Constituency
Stratford and Bow

Supplier Information

Number of Suppliers
1
Supplier Name

SUZOHAPP (UK

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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