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Cash in Transit Logistical Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Planning

09 Sep 2026 at 13:46

UK2 - Preliminary Market Engagement Notice
Summary of the contracting process

The Bank of England is planning a cash-in-transit logistics service covering several types of secure cash movement. The scope includes ad hoc very high-value domestic consignments between two fixed locations; ad hoc high-value consignments between England and Northern Ireland; ad hoc international consignments; lower-value ad hoc domestic consignments; and lower-value domestic consignments between three fixed locations. The work is classified as security and banking-related services. Delivery will cover the United Kingdom, including domestic routes, England–Northern Ireland movements and international consignments. The Bank of England is the buying organisation. The requirement is structured as one lot and is identified as suitable for small and medium-sized enterprises.

This procurement is at the planning stage and is not yet a tender or invitation to bid. The Bank is undertaking preliminary market engagement to inform the future specification. Interested suppliers are expected to register interest, provide introductory information and may return a feedback form through the Bank’s supplier portal by 8 October 2026. The buyer anticipates issuing tenders in January 2027, with the contract expected to start on 30 June 2027. The planned contract period runs to 29 June 2032, with renewal provisions allowing an extension to 29 June 2035. The estimated value is £1,666,666 excluding VAT, or £2,000,000 including VAT; this is an estimate and not a commitment to spend. The process is above the relevant threshold.

This engagement will suit specialist cash-in-transit, secure logistics and security providers with the operational reach to handle domestic, cross-border and international consignments. Relevant businesses should be able to manage both very high-value and lower-value movements, including ad hoc work and scheduled routes between fixed locations. Preparation should focus on demonstrating secure custody and transport arrangements, trained personnel, resilient operational capacity, route planning, incident management and the ability to meet the Bank’s requirements for valuable consignments. Providers with established coverage across the United Kingdom, experience moving cash between England and Northern Ireland, and international logistics capability are likely to be well placed. SMEs are expressly identified as suitable participants. This is preparation for a future tender, not an opportunity to bid for now.

How relevant is this notice?

Notice Information

Notice Title

Cash in Transit Logistical Services

Notice Description

The Bank has a requirement for cash in transit logistical services to cover the following categories: * Ad hoc Very high value domestic consignments between two set locations * Ad hoc high value consignments between England and NI * Ad hoc international consignments * Lower value ad hoc domestic consignments * Lower value domestic consignments between three set locations

Planning Information

THIS IS NOT A CALL FOR COMPETITION It is anticipated, dependent upon an engagement exercise, that tenders for this service will be issued in January 2027, to enable the contract to start on 30/06/2027. As part of the tender process, the Bank is undertaking a preliminary market engagement exercise. This gives potential providers and other stakeholders to introduce themselves, express an interest in the opportunity, and complete and return the information feedback form that can be downloaded from the Oracle online supplier portal. This will be used to inform the specification for the tender process. This process does not constitute a formal tender or other competitive bidding process and will not result in the letting of a Contract Please note that the contract value included in this Notice is estimated and does not act as a commitment of spend by the Bank. There are no planned events during this preliminary market engagement exercise. Interested parties are to register their interest, forward any introductory information, and return a completed feedback form (optional) via the Bank's Oracle online e-tendering portal by 08/10/2026. Suppliers who are already registered on the Bank's Oracle Suppliers Portal should log in to view further details of this opportunity and complete the feedback form. Suppliers who are not already registered on the Bank's Oracle Suppliers Portal should click on the below link and follow the instructions to register as a supplier to gain access to further details of this opportunity and complete the feedback form. https://www.bankofengland.co.uk/contact/supplying-goods-and-services/how-to-become-a-supplier

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-h6vhtk-06f5a9
Publication Source
Find A Tender Service
Latest Notice
https://www.find-tender.service.gov.uk/Notice/085397-2026
Current Stage
Planning
All Stages
Planning

Procurement Classification

Notice Type
UK2 - Preliminary Market Engagement Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not specified
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services

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

CPV Codes

66110000 - Banking services

79710000 - Security services

Notice Value(s)

Tender Value
£1,666,666 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
9 Sep 20266 days ago
Submission Deadline
Not specified
Future Notice Date
14 Jan 20274 months to go
Award Date
Not specified
Contract Period
30 Jun 2027 - 29 Jun 2032 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Planning
Lots Status
Planning
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
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
EC2R 8AH
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
Not specified
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

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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