Award

Cash in transit services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Feb 2021 at 14:13

Award Notice
Summary of the contracting process

The contract for "Cash in transit services" has been awarded by the Bank of England, located in London, England. This procurement falls under the services category with a total value of £75,000. The award was made on 15 December 2020, following a tender process that concluded on 14 December 2020, spanning a contract duration from 16 December 2020 to 31 December 2021. The contract was initiated through a tender, although specific details on the procurement method are marked as 'Other'.

This tender presents significant opportunities for businesses involved in cash management and logistical services, particularly those capable of providing secure transportation of banknotes. Companies in the security services or cash handling sectors, particularly larger firms with the necessary infrastructure, would be ideally positioned to compete for future opportunities similar to this contract. Engaging with the Bank of England could lead to ongoing collaborations in a high-value service area.

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Notice Information

Notice Title

Cash in transit services

Notice Description

Cash in transit services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5e1e1efe-2ccd-4139-9a06-42d52e048620
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1611be64-31d7-4464-add9-49479f76296c
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

22 - Printed matter and related products

CPV Codes

22430000 - Banknotes

Notice Value(s)

Tender Value
£75,000 Under £100K
Lots Value
Not specified
Awards Value
£75,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20215 years ago
Submission Deadline
14 Dec 2020Expired
Future Notice Date
Not specified
Award Date
15 Dec 20205 years ago
Contract Period
16 Dec 2020 - 31 Dec 2021 1-2 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
BANK OF ENGLAND
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
EC2R 8AH
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
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

INFORMATION WITHHELD AS CONFIDENTIAL

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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