Award

Ticket Vending Machine- Cash Collection, Deposit & Float Replenish

WEST MIDLANDS COMBINED AUTHORITY

This public procurement record has 1 release in its history.

Award

23 Aug 2024 at 13:56

Summary of the contracting process

The West Midlands Combined Authority has awarded a contract titled "Ticket Vending Machine- Cash Collection, Deposit & Float Replenish" to SECURITY PLUS LIMITED. This contract, classified under Collection agency services (CPV: 79940000), pertains to services for ten new Ticket Vending Machines within the West Midlands region. The procurement was conducted through a call-off from an established framework agreement under a selective method. The award was made active on 19 July 2024, with the contract scheduled to commence on 16 September 2024 and conclude on 15 September 2027. This procurement falls under the category of services, and the total contract value amounts to £68,195.95 GBP. The process has reached the award stage, indicating completion.

This tender offers substantial opportunities for businesses specialising in collection agency services, particularly those capable of handling cash collection, bank depositing, and float replenishment. Small and medium-sized enterprises (SMEs) would find this contract particularly suitable, as indicated by the eligibility criteria. Engaging with such a contract can foster business growth by providing consistent service delivery over three years to a prominent regional authority. Companies experienced in handling transportation-related financial services and operating within the West Midlands region will be well-placed to compete and fulfil the contract requirements.

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Notice Title

Ticket Vending Machine- Cash Collection, Deposit & Float Replenish

Notice Description

Transport for West Midlands (TfWM) SWIFT Team requires cash collection, bank depositing and float replenishing services for ten (10) new Ticket Vending Machines (TVM) within the West Midlands Region.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aa6e8b40-56e7-430f-9b4c-014dc1bc1ce7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cabe1a12-8ec6-4abc-879b-a6b9f8d61242
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
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
£68,195 Under £100K
Lots Value
Not specified
Awards Value
£68,195 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Aug 20241 years ago
Submission Deadline
19 Jul 2024Expired
Future Notice Date
Not specified
Award Date
18 Jul 20241 years ago
Contract Period
15 Sep 2024 - 15 Sep 2027 2-3 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
WEST MIDLANDS COMBINED AUTHORITY
Contact Name
Amanda Friedl
Contact Email
amanda.friedl@wmca.org.uk
Contact Phone
0121 200 2787

Buyer Location

Locality
BIRMINGHAM
Postcode
B19 3SD
Post Town
Birmingham
Country
England

Major Region (ITL 1)
TLG West Midlands (England)
Basic Region (ITL 2)
TLG3 West Midlands
Small Region (ITL 3)
TLG31 Birmingham
Delivery Location
TLG West Midlands (England)

Local Authority
Birmingham
Electoral Ward
Newtown
Westminster Constituency
Birmingham Ladywood

Supplier Information

Number of Suppliers
1
Supplier Name

SECURITY PLUS

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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