---
title: "Cheque Processing and Clearing Services"
ocid: "ocds-h6vhtk-028ae7"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-028ae7"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-028ae7.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-028ae7.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "POST OFFICE LIMITED"
published: "2022-01-11"
---

# Cheque Processing and Clearing Services

Buyer: POST OFFICE LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-028ae7

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-028ae7)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-028ae7.json)

## Summary

The public procurement process for Cheque Processing and Clearing Services is being conducted by POST OFFICE LIMITED, based in London, UK. This tender falls under the services category and involves financial transaction processing and clearing-house services. Currently, the procurement method is described as selective, following a restricted procedure, and is in the active stage. Key dates include a tender submission deadline on 15 February 2021 and a contract period that began on 1 July 2021, with a total value of £9,600,000 and options for extensions that include an initial 2-year term followed by four 1-year extensions.

This tender presents significant opportunities for businesses specialising in financial services, particularly those capable of handling cheque processing and clearing. Companies with expertise in electronic submission of tenders and those meeting specific suitability criteria, including demonstrating qualified staffing, would be well-positioned to compete for this contract. The scale and potential for long-term engagement make this an attractive opportunity for large financial service providers looking to expand their contract portfolio within the public sector.

## Notice

The processing and clearing of cheques

### Lot Information

Lot 1

Processing and clearing of cheques

Options: The contract is for 2 years with the option to extend by 4 further individual years

Renewal: 2 year initial term with the option of four one year extensions

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/000717-2022 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 11 Jan 2022 |
| Submission deadline | 15 Feb 2021 |
| Future notice date | Not specified |
| Award date | 15 Dec 2021 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £9,600,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £3,000,000 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | POST OFFICE LIMITED |
| Additional buyers | POST OFFICE LTD |
| Locality | LONDON |
| Post town | Central London |
| Postcode | N/A |
| 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 | TLH East (England) |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | EXELA TECHNOLOGIES |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66172000 - Financial transaction processing and clearing-house services

## Release History

- 11 Jan 2022 at 10:17 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/000717-2022
- 15 Jan 2021 at 17:52 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/000913-2021

## Notice URLs

- http://www.postoffice.co.uk
- https://postoffice.wax-live.com
- https://postoffice.wax-live.com/S2C/

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-028ae7. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-028ae7.json.