Award

Cash Collection Services

HULL CITY COUNCIL

This public procurement record has 1 release in its history.

Award

01 May 2025 at 15:00

Summary of the contracting process

Hull City Council has completed a direct award for the provision of Cash Collection Services to G4S Cash Solutions (UK) Ltd. This procurement falls under the 'Banking services' industry category, with supplemental classification in 'Treasury services'. The contract covers the region of Yorkshire and the Humber, United Kingdom, and is set to run from 1 April 2025 to 31 March 2027, with a potential one-year extension. The process, marked by a direct award method, is in the award stage as of 1 May 2025. The total annual value of the contract is £15,506, aligning with the procurement's classification and objectives.

This contract offers significant opportunities for businesses keen on partnering with government organisations for service provision. Although the tender is specifically awarded to G4S Cash Solutions, understanding the procurement trends and requirements of Hull City Council can help businesses prepare for future contracts in similar categories. Companies specializing in financial services, particularly those capable of offering innovative solutions in cash handling and treasury management, would be well-positioned to seek similar opportunities within the public sector.

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Notice Title

Cash Collection Services

Notice Description

Hull City Council (The Authority) is completing a direct award tender process to G4S Cash Solutions (UK) Ltd. The contract is to initially run for a period of 2 years between 1 April 2025 and 31 March 2027 with an option to extend for a period of 1 year. The value of the Service is PS15,506 per annum.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6b07812c-03a6-470d-b5eb-13d883312e14
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/93e3ac9b-526d-4df5-9373-d0204aabc1cb
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Direct award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66110000 - Banking services

66600000 - Treasury services

Notice Value(s)

Tender Value
£31,012 Under £100K
Lots Value
Not specified
Awards Value
£31,012 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 May 20259 months ago
Submission Deadline
28 Feb 2025Expired
Future Notice Date
Not specified
Award Date
30 Apr 20259 months ago
Contract Period
31 Mar 2025 - 31 Mar 2027 1-2 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
HULL CITY COUNCIL
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
HULL
Postcode
HU1 2AA
Post Town
Hull
Country
England

Major Region (ITL 1)
TLE Yorkshire and The Humber
Basic Region (ITL 2)
TLE1 East Yorkshire and Northern Lincolnshire
Small Region (ITL 3)
TLE11 Kingston upon Hull, City of
Delivery Location
TLE Yorkshire and The Humber

Local Authority
Kingston upon Hull, City of
Electoral Ward
St Andrew's & Docklands
Westminster Constituency
Kingston upon Hull West and Haltemprice

Supplier Information

Number of Suppliers
1
Supplier Name

G4S CASH SOLUTIONS (UK

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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