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Cash in Transit Services

MERSEYRAIL ELECTRICS 2002 LIMITED

This public procurement record has 2 releases in its history.

Award

19 Dec 2023 at 14:05

Award Notice
Tender

27 Mar 2023 at 10:33

Tender Notice
Summary of the contracting process

The procurement process for the "Cash in Transit Services" contract, initiated by MERSEYRAIL ELECTRICS 2002 LIMITED, involves a selective procurement method. The contract aims to provide a dedicated cash in transit service, including cash collection facilities, remittance services, and change deliveries. The procurement stage is at the tendering phase, with a submission deadline for suppliers on the 14th of June 2023. The services fall under the security services industry category, and the contract value is £1,041,943.69 GBP. The buying organisation is based in Liverpool, United Kingdom.

This tender for the Cash in Transit Services presents a business growth opportunity for security service providers experienced in cash handling and transportation services. Businesses specialising in security services, particularly those with expertise in cash in transit operations, would be well-suited to compete for this contract. The contract offers potential for long-term engagement with options to extend until 2028, providing stability and growth prospects for successful suppliers. Suppliers interested in providing reliable and secure cash transportation services should consider engaging with MERSEYRAIL ELECTRICS 2002 LIMITED for this opportunity.

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Notice Information

Notice Title

Cash in Transit Services

Notice Description

Contract to provide a dedicated cash in transit service. The objectives of the Services required, but not limited to, are listed below: * to provide cash collection (notes and coins) facilities 6 (six) days a week to our stations including automatic Ticket Vending Machines (TVMs); * to provide a cash in transit service; * to remit to Merseyrail's bank account; * to provide ad hoc additional collections as required for special events; * to provide change deliveries to all staffed locations; and * to provide consumables such as, Cash Bags, Barcodes / Stickers as and when required.

Lot Information

Lot 1

Contract to provide a dedicated cash in transit service. The objectives of the Services required, but not limited to, are listed below: * to provide cash collection (notes and coins) facilities 6 (six) days a week to our stations including automatic Ticket Vending Machines (TVMs); * to provide a cash in transit service; * to remit to Merseyrail's bank account; * to provide ad hoc additional collections as required for special events; * to provide change deliveries to all staffed locations; and * to provide consumables such as, Cash Bags, Barcodes / Stickers as and when required.

Options: Options to extend until the end of the concession (20th July 2028) and this will be agreed by both parties at contract award.

Renewal: The opportunity will be let to provide Cash in Transit services to for an initial period of 36 months and will have options to extend to the end of the concession with Merseytravel in 2028. The extension will be for 20 months to the end of the Merseytravel Concession in 2028. However, in the event the concession with Merseytravel is extended beyond July 2028, Merseyrail reserve the right to extend the contract to a maximum duration of 6 years to support with the handover of the concession.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-03b62c
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/037306-2023
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79710000 - Security services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£1,041,943 £1M-£10M

Notice Dates

Publication Date
19 Dec 20232 years ago
Submission Deadline
24 Apr 2023Expired
Future Notice Date
Not specified
Award Date
11 Dec 20232 years ago
Contract Period
Not specified - Not specified
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Cancelled
Awards Status
Active
Contracts Status
Active

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
MERSEYRAIL ELECTRICS 2002 LIMITED
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LIVERPOOL
Postcode
L1 1JF
Postcode Area
Liverpool
Country
England
Major Region (ITL 1)
TLD North West (England)
Basic Region (ITL 2)
TLD7 Merseyside
Small Region (ITL 3)
TLD72 Liverpool
Delivery Location
TLD7 Merseyside
Local Authority
Liverpool
Electoral Ward
Brownlow Hill
Westminster Constituency
Liverpool Riverside

Supplier Information

Number of Suppliers
1
Supplier Name

G4S Cash Solutions (UK) Limited

Further Information

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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