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Cash in Transit and Cash Management Systems

TRANSPORT UK EAST ANGLIA LIMITED

This public procurement record has 3 releases in its history.

Award

04 Oct 2024 at 14:05

Award Notice
TenderUpdate

19 Jan 2024 at 13:24

Tender Notice
Tender

19 Sep 2023 at 08:45

Tender Notice
Summary of the contracting process

Transport UK East Anglia Limited, a railway services company based in London, has concluded the procurement process for a contract titled "Cash in Transit and Cash Management Systems." This contract falls under the industry category of security services, identified by CPV code 79710000. The tender involved selective procurement through a negotiated procedure with prior call for competition. The final award was made for providing a dedicated service to handle cash collection, delivery, processing, and management across ticket offices and Ticket Vending Machines in regions UKH and UKI. Key dates include the contract signing on 12 September 2024, with the tender initially announced on 19 October 2023 and concluding on 19 February 2024. The contract holds an active status and has a value of £954,678.

This tender offers significant opportunities for businesses specialising in security, cash management, and transportation services. Companies accredited with BSIA, BS 7872:2011, ISO9001, ISO45001, and PCI standards, and capable of delivering comprehensive cash handling solutions in the specified localities, would find this contract particularly rewarding. The scope includes regular cash collection and replenishment, cash processing and reporting, and the provision and refreshing of cash management systems, creating ample growth potential for well-positioned businesses to expand their market presence and service offerings.

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Notice Information

Notice Title

Cash in Transit and Cash Management Systems

Notice Description

Contract to provide a dedicated Cash in Transit and Cash Management Systems Service. The objectives of the Services requirement include, but are not limited to: Cash collection from ticket offices and Ticket Vending Machines (TVMs); * Delivery and replenishment of cash at TVMs and ticket offices; * Processing of collected cash; * Reporting and reconciliation of cash collections; * Consumables (i.e. cash bags); * Cash Management Systems at Hub station ticket offices; and * Cash Management System refresh

Lot Information

Lot 1

Contract to provide a dedicated Cash in Transit and Cash Management Systems Service. The objectives of the Services requirement include, but are not limited to: Cash collection from ticket offices and Ticket Vending Machines (TVMs); * Delivery and replenishment of cash at TVMs and ticket offices; * Processing of collected cash; * Reporting and reconciliation of cash collections; * Consumables (i.e. cash bags); * Cash Management Systems at Hub station ticket offices; and * Cash Management System refresh

Options: Extension options may be available subject to a cumulative cap

Renewal: The Duration will incorporate a break clause aligned to the Core Term Expiry of the National Rail Contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0401ca
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/031901-2024
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
Negotiated procedure with prior call for competition
Tender Suitability
Not specified
Awardee Scale
Not specified

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
£954,678 £500K-£1M

Notice Dates

Publication Date
4 Oct 20241 years ago
Submission Deadline
19 Oct 2023Expired
Future Notice Date
Not specified
Award Date
12 Sep 20241 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
TRANSPORT UK EAST ANGLIA LIMITED
Additional Buyers

ABELLIO EAST ANGLIA 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
LONDON
Postcode
EC4A 3AG
Postcode Area
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
TLH East (England), TLI London
Local Authority
City of London
Electoral Ward
Castle Baynard
Westminster Constituency
Cities of London and Westminster

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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