This public procurement record has 2 releases in its history.

Award

17 Jun 2024 at 12:08

Tender

28 Mar 2024 at 13:30

Summary of the contracting process

The procurement process for the Cash/Valuables Collection and Cash/Valuables in Transit (CViT) Services is led by ESPO, a Central Purchasing Body in the UK. The tender involves the establishment of a national framework agreement for security services. The procurement stage is currently active, with a total value of £50,000,000 GBP. The process is open for suppliers to participate in an open procedure involving two lots: one for cash/valuables collection and CViT services from premises or buildings, and another for cash collection and cash in transit services from parking machines. The tender period ends on April 29, 2024, with an award period starting the same day.

This tender by ESPO for security services provides opportunities for businesses, especially those maintaining an 'Approved Contractor' status by the Security Industry Authority. Companies offering transport services are well-suited to compete for the cash/valuables collection and CViT services contracts. The contract involves an eAuction process for subsequent call-off contracts. Businesses looking to grow in providing security and transport services should consider participating in this open procurement process to secure lucrative contracts potentially worth millions of pounds.

How relevant is this notice?

Notice Title

324F_24 Cash/Valuables Collection and Cash/Valuables in Transit (CViT) Services

Notice Description

ESPO on behalf of ESPO and YPO is seeking to establish a national framework agreement for the provision of Cash/Valuables Collection and Cash/Valuables in Transit (CViT) Services. This will include cash/valuables collection and CViT services from premises or buildings and cash collection and cash in transit services from parking machines.

Lot Information

Lot 1 - Cash/valuables collection and CViT services from premises or buildings

The framework scope covers the cash/valuables collection and cash/valuables in transit (CViT) services from premises or buildings. It includes next day deposit to a cash receiving facility, onward delivery to another collection point, processing charges and change float services.

Options: The framework agreement has the option to extend for up to a further 24 months. The total estimated value stated in Section II.1.7 includes the option period.

Lot 2 - Cash collection and cash in transit services from parking machines

The framework scope covers cash collection and cash in transit services from parking machines. It includes next day deposit to a cash/cheque receiving facility, onward delivery to another collection point and processing charges.

Options: The framework agreement has the option to extend for up to a further 24 months. The total estimated value stated in Section II.1.7 includes the option period.

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-044e43
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018594-2024
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Large, SME

Common Procurement Vocabulary (CPV)

CPV Divisions

60 - Transport services (excl. Waste transport)

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


CPV Codes

60000000 - Transport services (excl. Waste transport)

79710000 - Security services

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
£50,000,000 £10M-£100M
Awards Value
Not specified
Contracts Value
£25,000,000 £10M-£100M

Notice Dates

Publication Date
17 Jun 20242 years ago
Submission Deadline
29 Apr 2024Expired
Future Notice Date
Not specified
Award Date
11 Jun 20242 years ago
Contract Period
11 Jun 2024 - 10 Jun 2026 1-2 years
Recurrence
Not specified

Notice Status

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

Contracting Authority (Buyer)

Main Buyer
ESPO
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LEICESTER
Postcode
LE19 1ES
Postcode Area
Leicester
Country
England

Major Region (ITL 1)
TLF East Midlands (England)
Basic Region (ITL 2)
TLF2 Leicestershire, Rutland and Northamptonshire
Small Region (ITL 3)
TLF22 Leicestershire CC and Rutland
Delivery Location
Not specified

Local Authority
Blaby
Electoral Ward
Enderby
Westminster Constituency
South Leicestershire

Supplier Information

Number of Suppliers
4
Supplier Names

BDI SECURITIES UK LIMITED

G4S CASH SOLUTIONS (UK) LIMITED

KINGS ARMOURED SECURITY SERVICES LIMITED

SECURITY PLUS LIMITED

Open Contracting Data Standard (OCDS)

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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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