Award

Post Office Banking Automation

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

25 Jan 2023 at 17:42

Summary of the contracting process

The Post Office Limited has awarded a contract for the provision of self-service banking automation devices. The contract is valued at £4,500,000 and has a duration of 60 months starting from January 13, 2023. The procurement method used was competitive dialogue, and the tender period closed on February 14, 2022. The contract covers various regions in the United Kingdom and falls under the foreign exchange services classification.

This tender presents a business opportunity for companies providing automatic cash dispensers, computer equipment, data-processing machines, deposit services, and security equipment. Businesses involved in supplying and servicing self-service banking devices could benefit from competing in this procurement process. Post Office Limited in London is the buyer organisation for this contract.

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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) had a requirement for Self-service devices with deposit capability including self-service recyclers (including coin). This will include the provision of:- * multi-vendor banking automation and self-service equipment to enable 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. * Equipment may be provided directly under the Agreement, as part of a monthly service fee or via a supply or leasing agreement or another arrangement. Suppliers will be asked to submit options. Hardware requirements, specific to this lot, will include but will not be limited to the following:- * Mono function deposit taking devices to handle coin, cash and cheques, cash recycling devices, coin dispense devices. The devices must be capable of handling personal customer and business customer transactions or a combination of both. This will include the provision of:- * 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 ; and * the support of proof of concept initiatives as required from time to time. 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 from the earlier of: (i) date the first Order is placed by Post Office; or (ii) 12 months from the Commencement Date (date of contract execution)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-98799648-60d3-499b-b76b-8b7f329c9ab7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8365ab5c-ee99-4850-8586-c6fc690b4781
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
Not specified

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

30123200 - Automatic cash dispensers

30200000 - Computer equipment and supplies

30210000 - Data-processing machines (hardware)

35121000 - Security equipment

66112000 - Deposit services

66180000 - Foreign exchange services

Notice Value(s)

Tender Value
£4,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,500,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jan 20233 years ago
Submission Deadline
14 Feb 2022Expired
Future Notice Date
Not specified
Award Date
13 Jan 20233 years ago
Contract Period
13 Jan 2023 - 12 Jan 2030 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
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

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

CENNOX

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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