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Contract for Cash Collection & Cash In Transit Services

Durham County Council

This public procurement record has 1 release in its history.

Tender

09 Sep 2026 at 13:31

UK4 - Tender Notice
Summary of the contracting process

Durham County Council is procuring cash collection and cash-in-transit services. The requirement covers secure collection of cash and cheques from collection points, secure storage while in transit, and onward delivery or deposit at another collection point, an approved cash-receiving facility or a bank. Banking arrangements may change during the contract. The supplier must also provide secure overnight storage when required and a change-float service, either scheduled or on an ad-hoc basis, to specified collection points. This is a financial and insurance service, with activity centred on the Council’s collection and banking arrangements. The buyer is Durham County Council, a sub-central public authority.

The procurement has reached tender: Durham County Council invited offers through an open procedure. Questions had to be submitted by 18 September 2026 at 12:00, and offers were due by 5 October 2026 at 12:00. The Council expected to complete its award decision by 16 October 2026 at 23:59. The estimated value is £400,000 excluding VAT, or £480,000 including VAT. The initial contract period is from 1 December 2026 to 30 November 2028, with an option to extend for a further two years, giving a maximum term ending on 30 November 2030. Evaluation is based on price at 50%, technical questions at 40% and social value at 10%.

This opportunity suits cash-in-transit and secure cash-handling providers able to collect cash and cheques from multiple points, protect them throughout transit, and deliver or deposit them securely with banks or approved receiving facilities. Suppliers need operational arrangements for secure storage, including overnight holding when required, and the ability to provide change floats on both planned and short-notice requests. The service also favours businesses that can manage changing banking destinations and maintain reliable collection, custody and delivery processes across the Council’s requirements. English-language electronic bids are permitted. Organisations with established secure transport, cash custody, banking-deposit and change-float operations are the most directly aligned.

How relevant is this notice?

Notice Information

Notice Title

Contract for Cash Collection & Cash In Transit Services

Notice Description

Durham County Council require the following range of services: a) The secure collection of cash and cheques from various collection points as specified by the Council. b) The secure storage of all cash and cheques whilst in transit. c) The onward delivery/depositing of all cash and cheques collected, either to another collection point, or at a nominated cash receiving facility (subject to 'Approved Contractor Status'), or Bank. Based on the varying banking arrangements that Durham County Council may have in place throughout the contract period, the nominated cash receiving facilities or Bank may need to be amended. d) When necessary, the secure overnight storage of both cash and cheques collected will be required. e) The provision of a 'change float' service on either a scheduled or ad-hoc basis, to a specified Collection Point.

Lot Information

Lot 1

Renewal: The contract is for an initial period of 2 years, with the option to extend for a further 2 years. That means the maximum contract term is 4 years in total.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f5a3
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/085389-2026
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
UK4 - Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

CPV Codes

66000000 - Financial and insurance services

Notice Value(s)

Tender Value
£400,000 £100K-£500K
Lots Value
£400,000 £100K-£500K
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Sep 20266 days ago
Submission Deadline
5 Oct 20263 weeks to go
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
1 Dec 2026 - 30 Nov 2028 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Active
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
Durham County Council
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
DURHAM
Postcode
DH1 5WB
Postcode Area
Durham
Country
England
Major Region (ITL 1)
TLC North East (England)
Basic Region (ITL 2)
TLC4 Northumberland, Durham and Tyne & Wear
Small Region (ITL 3)
TLC41 Durham
Delivery Location
TLC14 Durham
Local Authority
County Durham
Electoral Ward
Framwellgate & Newton Hall
Westminster Constituency
City of Durham

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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