Award

Cash and Valuables in Transit (CVIT)

BOROUGH OF POOLE

This public procurement record has 2 releases in its history.

AwardUpdate

26 Mar 2018 at 10:18

Award Notice
Tender

02 Feb 2018 at 11:59

Tender Notice
Summary of the contracting process

The Borough of Poole has completed its procurement process for the "Cash and Valuables in Transit (CVIT)" project, initiated to establish collection, transit, and banking services for cash and cheques. This procurement falls under the security services category and was carried out using an open procedure. The tender was published on 2nd February 2018, with bids accepted until 25th February 2018. The contract period commenced on 28th March 2018 and will conclude on 30th September 2019, with a total contract value of £420,000.

This tender presents a significant opportunity for small and medium-sized enterprises (SMEs) specialising in security services to engage in local government contracts. Companies involved in cash management, security operations, and similar financial services would be particularly well-suited to compete for this contract, as they can leverage their expertise to meet the purchasing authority's needs effectively. Engaging in such contracts can help these businesses establish long-term relationships with public sector clients and expand their market presence.

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Notice Information

Notice Title

Cash and Valuables in Transit (CVIT)

Notice Description

The Borough of Poole (the Lead Authority) is acting on this project as procurement agent on behalf of itself and Bournemouth Borough Council. The supplier will implement and operate a cash and cheque; collection, transit and banking services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-64a1786d-1726-4f2d-97d2-97dc63638e20
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/de288187-39d7-4fc8-a83f-37bd316cc2d8
Current Stage
Award
All Stages
Tender, 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
£420,000 £100K-£500K
Lots Value
Not specified
Awards Value
£420,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
26 Mar 20187 years ago
Submission Deadline
25 Feb 2018Expired
Future Notice Date
Not specified
Award Date
25 Mar 20187 years ago
Contract Period
27 Mar 2018 - 30 Sep 2019 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
BOROUGH OF POOLE
Contact Name
Not specified
Contact Email
procurement@poole.gov.uk
Contact Phone
Not specified

Buyer Location

Locality
POOLE
Postcode
BH15 2RU
Post Town
Bournemouth
Country
England
Major Region (ITL 1)
TLK South West (England)
Basic Region (ITL 2)
TLK6 North Somerset, Somerset and Dorset
Small Region (ITL 3)
TLK63 Bournemouth, Christchurch and Poole
Delivery Location
TLK South West (England)
Local Authority
Bournemouth, Christchurch and Poole
Electoral Ward
Parkstone
Westminster Constituency
Poole

Supplier Information

Number of Suppliers
1
Supplier Name

JADE SECURITY SERVICES

Further Information

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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