Award

High Speed Note Counters

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

27 May 2017 at 15:48

Summary of the contracting process

The procurement process for the "High Speed Note Counters" was conducted by Post Office Limited, targeting the industry category of banknote counting machines. The tender aimed at the provision of five high-speed note counters, including annual maintenance and consumables, was completed with a total contract value of £5,000,000. The tender period ended on 5th April 2017, and the contract period extends until 4th April 2032, covering locations across the United Kingdom and British Overseas Territories. This procurement was executed through a selective procedure, classifying it as a restricted process.

This tender represents a significant opportunity for businesses involved in the provision of banking and financial equipment, particularly those specializing in counting machines and maintenance services. Small and medium-sized enterprises (SMEs) would be well-suited to compete for future contracts in this category, particularly those that can offer competitive pricing and reliable after-service support. The ongoing maintenance aspect of the contract indicates potential for continued business growth through long-term service agreements.

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Notice Title

High Speed Note Counters

Notice Description

Provision of 5 High Speed Note Counters, Annual Maintenance & Consumables

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-e0addb7e-aa01-4012-983f-8e0c2055671f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/895ac78d-ad61-417d-81d0-8554d368c329
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages


CPV Codes

30132200 - Banknote counting machines

Notice Value(s)

Tender Value
£5,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
£15,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
27 May 20178 years ago
Submission Deadline
5 Apr 2017Expired
Future Notice Date
Not specified
Award Date
4 Apr 20178 years ago
Contract Period
4 Apr 2017 - 4 Apr 2032 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
Andy Dee-Crowne
Contact Email
andrew.dee-crowne@postoffice.co.uk
Contact Phone
Not specified

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
Not specified

Local Authority
Islington
Electoral Ward
Bunhill
Westminster Constituency
Islington South and Finsbury

Supplier Information

Number of Suppliers
1
Supplier Name

GIESECKE & DEVRIENT

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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