Award

Cash in Transit Services

UNIVERSITY OF CENTRAL LANCASHIRE HEC

This public procurement record has 1 release in its history.

Award

02 Oct 2018 at 11:27

Summary of the contracting process

The procurement process involves the University of Central Lancashire HEC seeking to renew its Cash in Transit Services contract using the NEUPC framework. This selective tender falls under the security services category and is specifically located in Preston, North West England. The contract, valued at £45,000, is set to commence on 5th November 2018 and will run until 4th November 2021. The tender process has been completed, with the award decision made on 2nd October 2018.

This tender presents substantial growth opportunities for businesses specializing in cash handling and security services. Companies capable of providing dependable cash collection and delivery services, particularly those with the flexibility to accommodate varying collection schedules and volumes, would be well-suited to compete. The ability to scale operations to meet peak demands and offer accommodations for bank holidays will be crucial for prospective suppliers in successfully bidding for this contract.

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Notice Title

Cash in Transit Services

Notice Description

The University is renewing its contract for Cash in Transit Services utilising the NEUPC framework. The service will compromise of Cash Collection (Referred to as Service 1) from 8 locations on various dates & times. Following collection of cash and cheques they are to be taken to a central cash centre, the location of which is dependent on the carrier. Upon arrival at the cash centre UCLAN require the cash to be opened and counted, and the cheques sorted. From here the credits are to be passed through to the nominated UCLAN bank account(s) in a maximum of 3 working days. All collections are paid into the same account except the T2000 collection. At peak times throughout the contract period the University may require to add or amend collections, as well as running multiple collections across campus therefore the supplier must be able to accommodate these requirements. Collection amendments for bank holidays including Christmas are provided on request and UCLAN would aim to give 7 days' notice where possible for any other amendments. Where no collection for a particular site is required UCLAN would contact the carrier to advise them not to attend. There is also an adhoc requirement for notes and coins to be delivered to the University therefore the supplier has to be able to offer this service (Referred to as Service 2). This service is required approx. 2-4 times per month to locations listed on the Cash Collection schedule document. This may fluctuate due to demand in peak periods (the figures are to be used as guidance only). UCLAN require the carrier to deliver notes within 24 hours and coins within 48 hours if requested before 12 noon.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8f1f25af-2d8d-4a20-b87f-2a245f601968
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2858cf41-e431-4d5f-afc0-781caf86cf18
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

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
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 20187 years ago
Submission Deadline
29 Aug 2018Expired
Future Notice Date
Not specified
Award Date
1 Oct 20187 years ago
Contract Period
5 Nov 2018 - 4 Nov 2021 3-4 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
UNIVERSITY OF CENTRAL LANCASHIRE HEC
Contact Name
Brett Dixon
Contact Email
etenders@uclan.ac.uk
Contact Phone
01772 893174

Buyer Location

Locality
PRESTON
Postcode
PR1 2TQ
Post Town
Preston
Country
England

Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD4 Lancashire
Small Region (ITL 3)
TLD45 Mid Lancashire
Delivery Location
TLD North West (England)

Local Authority
Preston
Electoral Ward
City Centre
Westminster Constituency
Preston

Supplier Information

Number of Suppliers
1
Supplier Name

G4S CASH SOLUTIONS (UK

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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