Award

To provide maintenance to Bullion machines and coin sorting equipment, with price option to buy new equipment

POST OFFICE LIMITED

This public procurement record has 1 release in its history.

Award

19 Jun 2024 at 08:38

Award Notice
Summary of the contracting process

The Post Office Limited has recently awarded a contract to PAYCOMPLETE UK LIMITED for the maintenance of Bullion machines and coin sorting equipment. The procurement process was initiated through a tender with the Contract Reference No: C101040. The procurement method used was an Award procedure without prior publication of a call for competition. The contract is valued at £535,000 and was signed on 27th January 2022. The maintenance services will be provided in various locations including West Midlands, London, Scotland, and Northern Ireland Cash Centres.

This opportunity for business growth in the maintenance services sector is well-suited for companies experienced in providing repair and maintenance services, particularly for coin-handling machines. The contract involves maintenance of existing coin handling equipment with an option to buy new equipment, extending up to another 36 months. Businesses that specialise in servicing and supplying Bullion machines and coin sorting equipment can leverage this tender to expand their service offerings and establish long-term partnerships with the Post Office Limited.

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Notice Information

Notice Title

To provide maintenance to Bullion machines and coin sorting equipment, with price option to buy new equipment

Notice Description

Maintenance of Existing Coin handling Equipment

Lot Information

Lot 1

Restricted OJEU Procedure

Options: Option to extend up to another 36 months max

Procurement Information

Due to the nature of the Bullion machines and coin sorting equipment, there are very few supplies in the market

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-0470fa
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/018843-2024
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Award procedure without prior publication of a call for competition
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

50 - Repair and maintenance services

CPV Codes

30123600 - Coin-handling machines

50000000 - Repair and maintenance services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
£535,000 £500K-£1M

Notice Dates

Publication Date
19 Jun 20241 years ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
27 Jan 20224 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
POST OFFICE LIMITED
Contact Name
Romano Cosimo Castello
Contact Email
romano.castello@postoffice.co.uk
Contact Phone
Not specified

Buyer Location

Locality
LONDON
Postcode
EC2V 7ER
Post Town
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
Not specified
Local Authority
City of London
Electoral Ward
Bassishaw
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PAYCOMPLETE

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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