Award

Cash in Transit and Cash Processing Services

TRANSPORT FOR LONDON

This public procurement record has 1 release in its history.

Award

28 Mar 2018 at 13:05

Summary of the contracting process

Transport for London has recently completed a procurement process for "Cash in Transit and Cash Processing Services," classified under transport services, specifically aimed at providing cash handling services across London Underground stations and certain TfL locations. The contract, awarded to G4S Cash Solutions (UK) Ltd, has a total value of £4,850,000 and spans from 26 February 2018 to 31 March 2022. The award was published on 28 March 2018, following a selective procurement method with a tender period that concluded on 30 January 2018.

This tender presents a significant opportunity for businesses in the security and transport services sector. Companies that specialise in cash handling, security logistics, or financial services could find this contract particularly relevant. As Transport for London is committed to ensuring secure financial processes, firms that can demonstrate experience in managing cash logistics and processing within urban environments are well-suited to compete for future tenders in this space.

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Notice Title

Cash in Transit and Cash Processing Services

Notice Description

Cash in Tranist service for London Undergound stations and certain TfL locations

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4eb804b8-6a66-4a39-847c-b2dd8f3cf58b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7e7abfc2-75ee-4066-9be7-aa441e44faad
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

60 - Transport services (excl. Waste transport)

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


CPV Codes

60000000 - Transport services (excl. Waste transport)

79710000 - Security services

Notice Value(s)

Tender Value
£4,850,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,850,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Mar 20187 years ago
Submission Deadline
30 Jan 2018Expired
Future Notice Date
Not specified
Award Date
30 Jan 20188 years ago
Contract Period
26 Feb 2018 - 31 Mar 2022 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
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
SW1H 0BD
Post Town
South West 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
TLI London

Local Authority
Westminster
Electoral Ward
St James's
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

G4S CASH SOLUTIONS (UK

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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