---
title: "Provision of cash in transit services"
ocid: "ocds-h6vhtk-038d83"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-038d83"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-038d83.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-038d83.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "FIRST RAIL HOLDINGS LIMITED"
published: "2024-08-14"
---

# Provision of cash in transit services

Buyer: FIRST RAIL HOLDINGS LIMITED  
Current stage: Award  
OCID: ocds-h6vhtk-038d83

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-h6vhtk-038d83)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-h6vhtk-038d83.json)

## Summary

The public procurement process, initiated by FIRST RAIL HOLDINGS LIMITED, centres on the “Provision of Cash in Transit Services”. This contract falls under the financial and insurance services industry category and involves regions across the UK, including London, the South West, and Wales. The procurement stage is complete, with key contracts signed on 31 March 2024. The tender involved multiple lots focusing on high-quality cash collection, delivery, processing, banking, and reporting, with a total contract value of £589,545. The procurement method employed was a selective, negotiated procedure with prior call for competition.

This tender presents significant business growth opportunities for companies specialising in cash handling, secure transportation, and financial services. Ideal contenders would be those with a robust track record in cash collection, processing, and management, offering strong customer service and reliable contract management. Businesses with expertise in managing ticket vending machines (TVMs) and processing various revenue streams such as coins, notes, vouchers, and cheques would also be well-positioned to benefit from these contracts. The contracts also offered options for extension, allowing successful bidders potential long-term engagement with FIRST RAIL HOLDINGS LIMITED.

## Notice

Provision of high quality cash collection and delivery services, cash processing, banking and reporting.

### Lot Information

Provision of cash in transit services

Provision of high quality cash collection and delivery services, cash processing, banking and reporting.

Options: Option to extend for a period of 24 months.

Renewal: A 36 month initial contract term with an option to extend the agreement for a period of up to 24 months.

Provision of cash in transit services

Provision of high quality cash collection and delivery services, cash processing, banking and reporting. Additional information: Option to extend for a period of 24 months

Renewal: A 36 month initial contract term with an option to extend the agreement for a period of up to 24 months.

Provision of cash in transit services

Provision of high quality cash collection and delivery services, cash processing, banking and reporting. Additional information: Option to extend for a period of 24 months.

Renewal: A 36 month initial contract term with an option to extend the agreement for a period of up to 24 months.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/025769-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Negotiated procedure with prior call for competition |
| Tender suitability | Not specified |
| Awardee scale | Not specified |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 14 Aug 2024 |
| Submission deadline | 12 Jan 2023 |
| Future notice date | Not specified |
| Award date | 31 Mar 2024 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £589,545 |
| Lots value | £588,000 |
| Awards value | Not specified |
| Contracts value | Not specified |

## Status

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

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FIRST RAIL HOLDINGS LIMITED |
| Locality | LONDON |
| Post town | West London |
| Postcode | W2 1AF |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | Hyde Park |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | TLI London, TLI4 Inner London - East, TLI7 Outer London - West and North West, TLJ2 Surrey, East and West Sussex, TLJ3 Hampshire and Isle of Wight, TLK South West (England), TLL Wales |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66000000 - Financial and insurance services

## Release History

- 14 Aug 2024 at 10:48 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/025769-2024
- 14 Dec 2022 at 15:30 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/035414-2022

## Notice URLs

- http://redirect.transaxions.com/events/RyJux
- https://www.firstgroupplc.com

## 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-038d83. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-038d83.json.