Award

Cash Collection

THE DRIVER & VEHICLE STANDARDS AGENCY

This public procurement record has 1 release in its history.

Award

15 Oct 2019 at 09:16

Award Notice
Summary of the contracting process

The Driver & Vehicle Standards Agency (DVSA) in Nottingham is seeking services for cash collection and depositing, under the title "Cash Collection". This procurement falls within the services industry category, specifically classified as deposit services (CPV code: 66112000). The procurement process, which is currently in the award stage, utilised a selective method through a call-off from a framework agreement. The tender period ended on 30th September 2019, with the contract effective from 1st October 2019 until 31st March 2020. The total value of the contract is £5,265 GBP.

This tender presents a valuable opportunity for businesses involved in financial services, particularly those specialising in cash handling and security solutions. Companies that can effectively manage cash collections across various regions, including the British Overseas Territories and the Channel Islands, will be well-positioned to compete for these services. The contract has been awarded to G4S Cash Solutions (UK) Limited, indicating a competitive environment where firms offering similar services could pursue growth opportunities in delivering secure cash management solutions.

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Notice Information

Notice Title

Cash Collection

Notice Description

DVSA require cash collection and depositing services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-d73472f6-70d5-476b-bda5-23c40af959dd
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/404cf3b9-3a3b-4a15-9d26-abd38aa81909
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66112000 - Deposit services

Notice Value(s)

Tender Value
£5,265 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
15 Oct 20196 years ago
Submission Deadline
30 Sep 2019Expired
Future Notice Date
Not specified
Award Date
19 Sep 20196 years ago
Contract Period
30 Sep 2019 - 31 Mar 2020 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
THE DRIVER & VEHICLE STANDARDS AGENCY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
NOTTINGHAM
Postcode
NG1 6LP
Post Town
Nottingham
Country
England
Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF1 Derbyshire and Nottinghamshire
Small Region (ITL 3)
TLF14 Nottingham
Delivery Location
Not specified
Local Authority
Nottingham
Electoral Ward
Hyson Green & Arboretum
Westminster Constituency
Nottingham East

Supplier Information

Number of Suppliers
1
Supplier Name

G4S CASH SOLUTIONS (UK

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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