---
title: "Post Office Banking Automation"
ocid: "ocds-b5fd17-eda5a007-a2df-4f63-b511-56db0a84ea8a"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-eda5a007-a2df-4f63-b511-56db0a84ea8a"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-eda5a007-a2df-4f63-b511-56db0a84ea8a.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-eda5a007-a2df-4f63-b511-56db0a84ea8a.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "POST OFFICE LIMITED"
published: "2022-07-07"
---

# Post Office Banking Automation

Buyer: POST OFFICE LIMITED  
Current stage: Award  
OCID: ocds-b5fd17-eda5a007-a2df-4f63-b511-56db0a84ea8a

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## Summary

The Post Office Limited is seeking suppliers for its recently awarded contract concerning "Post Office Banking Automation," aimed at modernising banking transactions across its branches. This initiative falls under the foreign exchange services category and encompasses the provision of multi-vendor banking automation and self-service equipment, suitable for varying transaction volumes across diverse UK regions, including London, Scotland, and the South West. This contract has a total estimated value of £24 million and will run for an initial period of 60 months, with options to extend up to 84 months. The procurement method employed was a selective competitive dialogue process, and the award notice was published on 7th July 2022, detailing that the contract period commenced on 12th August 2021 and will conclude on 11th August 2028.

This tender presents significant growth opportunities for businesses specialising in banking automation, hardware provision, and asset management solutions. Companies that offer high-quality automatic cash dispensers, data-processing machines, and surveillance or security equipment are particularly well-suited to compete. With the long contract term and multi-vendor approach, this procurement presents a solid prospect for firms looking to establish or enhance their footprint within the UK public sector, especially those able to provide ongoing support and innovations in banking technology.

## Notice

***Please note this is an AWARD NOTICE, not a call for competition*** Post Office Limited (POL) has a requirement for multi-vendor banking automation and self-service equipment to enable banking transactions within Post Offices to support locations with both high, medium and low transaction volumes. This may result in a differentiated service proposition based on demographics. Hardware requirements will include but will not be limited to the following:- * mono function cash dispensing and multi-function devices providing other services including but not limited to deposit taking, bill payments etc. * the provision of hardware component upgrades for existing equipment to support existing transaction sets and services and preserve the longevity of the incumbent hardware where appropriate. * The provision of both new or refurbished equipment or a combination of both * The provision of facilities for the secure destruction of obsolete and used parts and subsequent provision of evidence that meets the security requirements of the relevant Schemes. * To provide asset management solutions * To support proof of concept initiatives as required from time to time. This has been sourced following a Competitive Dialogue procedure following POLs Banking Automation Procurement under OJEU Contract Notice reference 2019/S 027-060289. Additional information: This is an Award Notice, not a call for competition. The Contract Term is for a period of 60 months with renewal options to extend on one or more occasions up to a maximum term of 84 months Two Contracts have been awarded under this Lot 3 for the Supply of ATMs and the estimated Contract value is PS24m over both Contracts for the duration including extension options.(84 months)

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/890048d3-4bc8-4892-8c17-9aa0faab25b5 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Competitive dialogue (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 7 Jul 2022 |
| Submission deadline | 25 Aug 2020 |
| Future notice date | Not specified |
| Award date | 16 Nov 2020 |
| Contract period | 11 Aug 2021 - 11 Aug 2028 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £24,000,000 |
| Lots value | Not specified |
| Awards value | £24,000,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | POST OFFICE LIMITED |
| Locality | LONDON |
| Post town | Central London |
| Postcode | EC2Y 9AQ |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI4 Inner London - East |
| ITL 3 | TLI43 Haringey and Islington |
| Local authority | Islington |
| Electoral ward | Bunhill |
| Westminster constituency | Islington South and Finsbury |
| Delivery location | TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 2 |
| Supplier names | CENNOX; NCR |

## CPV Codes

### Divisions

- 30 - Office and computing machinery, equipment and supplies except furniture and software packages
- 35 - Security, fire-fighting, police and defence equipment
- 66 - Financial and insurance services

### Codes

- 30123200 - Automatic cash dispensers
- 30200000 - Computer equipment and supplies
- 30210000 - Data-processing machines (hardware)
- 35121000 - Security equipment
- 35125000 - Surveillance system
- 66180000 - Foreign exchange services

## Release History

- 7 Jul 2022 at 10:33 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/890048d3-4bc8-4892-8c17-9aa0faab25b5

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/890048d3-4bc8-4892-8c17-9aa0faab25b5
  7th July 2022 - Awarded contract notice on Contracts Finder

## Provenance

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