Award

Cash In Transit Logistics

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Oct 2022 at 17:05

Summary of the contracting process

The procurement process for the contract titled "Cash In Transit Logistics" was completed by the Bank of England with a total value of £360,000. The contract is for services related to Cash in Transit Logistic, such as exemplar notes, counterfeit test packs, and other small security items. The procurement method used was an open procedure above the threshold. The tender period ended on 16th March 2022, and the contract period is from 23rd July 2022 to 23rd July 2027. The location for the contract is in London, with a postal code of EC2R 8AH. The contract falls under the "Banknotes" industry category.

Businesses interested in the tender for "Cash In Transit Logistics" by the Bank of England should be well-suited if they offer services related to the transportation of cash and security items. This opportunity could be particularly beneficial for businesses providing cash logistics, security transport services, or related security products. As the contract period is for a five-year duration, businesses with experience and capacity to deliver these services over the long term may find this tender suitable for growing their business.

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Notice Title

Cash In Transit Logistics

Notice Description

Cash in Transit Logistic for exemplar notes, counterfeit test packs and other small security items required by Notes Contract Management and Banknote Research and Innovation teams

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-be8aa0a9-34a6-4580-b19b-ef646e8a878c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/60b95ce8-d8c2-420e-8277-ee824d5c25bb
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

22 - Printed matter and related products


CPV Codes

22430000 - Banknotes

Notice Value(s)

Tender Value
£360,000 £100K-£500K
Lots Value
Not specified
Awards Value
£360,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Oct 20223 years ago
Submission Deadline
16 Mar 2022Expired
Future Notice Date
Not specified
Award Date
22 May 20223 years ago
Contract Period
22 Jul 2022 - 23 Jul 2027 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
BANK OF ENGLAND
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
EC2R 8AH
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
Not specified

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

LOOMIS

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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