Award

The collection of the Isle of Wight councils bulk coin

ISLE OF WIGHT COUNCIL

This public procurement record has 1 release in its history.

Award

29 Jan 2018 at 16:36

Summary of the contracting process

The Isle of Wight Council has successfully completed a tender for the collection of bulk coin. This contract, classified under collection agency services with a value of £52,000, was awarded to G4S Cash Solutions Ltd. The procurement process followed standard tender procedures, and it was officially concluded on 28 January 2018, with the contract period set to commence from 2 April 2018 until 1 April 2022. The services will primarily be delivered in the South East of England.

This tender presents a significant opportunity for businesses, particularly those specialising in cash collection and transit services. Companies that can demonstrate secure handling and processing of bulk coin would be well-suited to compete in similar future tenders. Small and medium-sized enterprises (SMEs) are especially encouraged to participate, as the suitability criteria indicated an openness to their involvement in such contracts.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

The collection of the Isle of Wight councils bulk coin

Notice Description

The contractor shall collect and transit the bulk coin in a safe and secure manner from the Council's dedicated cash counting unit and deliver to a recognised bulk coin processing centre.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9b86fb7a-e5be-4dba-a9ef-c82c5aa8c4ef
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0cbc3ddb-96a6-480f-8d54-263d6644fd48
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other -
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79940000 - Collection agency services

Notice Value(s)

Tender Value
£52,000 Under £100K
Lots Value
Not specified
Awards Value
£52,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jan 20188 years ago
Submission Deadline
28 Jan 2018Expired
Future Notice Date
Not specified
Award Date
29 Jan 20188 years ago
Contract Period
1 Apr 2018 - 1 Apr 2022 4-5 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
ISLE OF WIGHT COUNCIL
Contact Name
Luke Stone
Contact Email
luke.stone@iow.gov.uk
Contact Phone
+44 1983821000

Buyer Location

Locality
NEWPORT
Postcode
PO30 1UD
Post Town
Portsmouth
Country
England

Major Region (ITL 1)
TLJ South East (England)
Basic Region (ITL 2)
TLJ3 Hampshire and Isle of Wight
Small Region (ITL 3)
TLJ34 Isle of Wight
Delivery Location
TLJ South East (England)

Local Authority
Isle of Wight
Electoral Ward
Newport Central
Westminster Constituency
Isle of Wight West

Supplier Information

Number of Suppliers
1
Supplier Name

G4S CASH SOLUTIONS

Further Information

Notice Documents

Notice URLs

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-9b86fb7a-e5be-4dba-a9ef-c82c5aa8c4ef-2018-01-29T16:36:39Z",
    "date": "2018-01-29T16:36:39Z",
    "ocid": "ocds-b5fd17-9b86fb7a-e5be-4dba-a9ef-c82c5aa8c4ef",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "IOW001-DN319309-28862650",
        "title": "The collection of the Isle of Wight councils bulk coin",
        "description": "The contractor shall collect and transit the bulk coin in a safe and secure manner from the Council's dedicated cash counting unit and deliver to a recognised bulk coin processing centre.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79940000",
            "description": "Collection agency services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "South East",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "minValue": {
            "amount": 26000,
            "currency": "GBP"
        },
        "value": {
            "amount": 52000,
            "currency": "GBP"
        },
        "procurementMethodDetails": "Other -",
        "tenderPeriod": {
            "endDate": "2018-01-28T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2018-04-02T00:00:00+01:00",
            "endDate": "2022-04-01T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-CFS-49319",
            "name": "Isle of Wight Council",
            "identifier": {
                "legalName": "Isle of Wight Council"
            },
            "address": {
                "streetAddress": "County Hall, High Street",
                "locality": "Newport",
                "postalCode": "PO30 1UD",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Luke Stone",
                "email": "luke.stone@iow.gov.uk",
                "telephone": "+44 1983821000"
            },
            "details": {
                "url": "http://www.iwight.com"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-CFS-77377",
            "name": "G4S Cash Solutions Ltd",
            "identifier": {
                "legalName": "G4S Cash Solutions Ltd"
            },
            "address": {
                "streetAddress": "Sutton Park House 15 Carshalton Road Sutton Surrey SM1 4LD"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-49319",
        "name": "Isle of Wight Council"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-9b86fb7a-e5be-4dba-a9ef-c82c5aa8c4ef-1",
            "status": "active",
            "date": "2018-01-29T00:00:00Z",
            "datePublished": "2018-01-29T16:36:39Z",
            "value": {
                "amount": 52000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-CFS-77377",
                    "name": "G4S Cash Solutions Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2018-04-02T00:00:00+01:00",
                "endDate": "2022-04-01T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/0cbc3ddb-96a6-480f-8d54-263d6644fd48",
                    "datePublished": "2018-01-29T16:36:39Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}