Award

Post Office Banking Automation

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

11 Mar 2021 at 10:54

Summary of the contracting process

The Post Office Limited has completed a procurement process for the tender titled "Post Office Banking Automation," which requires the provision of teller cash assist devices, including teller cash recyclers. This tender falls under the services category with a notable focus on deposit services and associated equipment. The procurement method utilised was competitive dialogue, with a contract value of £26 million. The contract period spans from 15 January 2021 to 14 January 2028, with the procurement stage now marked as complete. The contract will cover various regions throughout the United Kingdom, including London, the North West, and Scotland.

This procurement presents significant opportunities for businesses, particularly those involved in cash automation technology, security equipment, and asset management solutions. Businesses positioned to deliver new or refurbished equipment, and those capable of providing secure destruction and asset management services, could find themselves well-suited to compete in this space. Given the extended nature of the contract, suppliers in technology and services with the capacity to offer innovative solutions to the banking sector stand to benefit from this lucrative engagement with the Post Office Limited.

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Notice Title

Post Office Banking Automation

Notice Description

***Please note this is an AWARD NOTICE, not a call for competition*** Post Office Limited (POL) has a requirement for Teller cash assist devices including but not limited to teller cash recycler * The provision of cash automation devices for use by tellers and / or customers with teller intervention to enable counter banking transactions within Post Offices to support locations with both high, medium and low transaction volumes. This may result in a differentiated service proposition based on demographics. * Hardware requirements will include but will not be limited to the following:- o Cash automation devices such as teller cash recycling (TCR) equipment o Teller Assist Units Customer facing cash recycling devices linked directly to the teller position In addition the provision of the following:- * both new or refurbished equipment or a combination of both * facilities for the secure destruction of obsolete and used parts and subsequent provision of evidence that meets the security requirements of the relevant Schemes. * asset management solutions. This has been sourced following a Competitive Dialogue procedure following POLs Banking Automation Procurement under OJEU Contract Notice reference 2019/S 027-060289. Additional information: The Contract Term is for a period of 60 months with renewal options to extend on one or more occasions up to a maximum term of 84 months. Additional CPV codes in the Contract Notice:- 35121000, 35125000, 66112000

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-95cd2df7-96f0-4550-9b6c-c9459ba827c2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b6f71745-5e96-49e8-af33-17eb55cc1b8e
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Competitive dialogue (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages

35 - Security, fire-fighting, police and defence equipment

66 - Financial and insurance services


CPV Codes

30000000 - Office and computing machinery, equipment and supplies except furniture and software packages

30200000 - Computer equipment and supplies

30210000 - Data-processing machines (hardware)

35000000 - Security, fire-fighting, police and defence equipment

35120000 - Surveillance and security systems and devices

66112000 - Deposit services

Notice Value(s)

Tender Value
£26,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£26,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Mar 20214 years ago
Submission Deadline
11 Nov 2020Expired
Future Notice Date
Not specified
Award Date
10 Feb 20215 years ago
Contract Period
15 Jan 2021 - 14 Jan 2028 Over 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
POST OFFICE LIMITED
Contact Name
Not specified
Contact Email
wendy.luczywo@postoffice.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2Y 9AQ
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI43 Haringey and Islington
Delivery Location
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland

Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

GLORY GLOBAL SOLUTIONS (INTERNATIONAL

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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