Find a TenderAwarded
Published 28 Mar 2024, 13:30 GMT

Official UK procurement notice

324F_24 Cash/Valuables Collection and Cash/Valuables in Transit (CViT) Services

Official notice

Authority: ESPO

Framework agreement2 lotsServicesOpen procedureSME suitable
Framework ceiling (notional)£50,000,000total for 2 lots · framework ceiling, not attributable revenue
Submissions closed 29 Apr 2024awarded 11 Jun 2024
Lots 2see the lot list below
Framework period 2 yrsends 10 Jun 2026 · extension options published · starts 11 Jun 2024

What is being bought2 lots · detail below

Published requirement description

ESPO on behalf of ESPO and YPO is seeking to establish a national framework agreement for the provision of Cash/Valuables Collection and Cash/Valuables in Transit (CViT) Services. This will include cash/valuables collection and CViT services from premises or buildings and cash collection and cash in transit services from parking machines.

CPV: Security services · Transport services (excl. Waste transport)

How this framework works

From the published notice
Bids received
5 bids on the busiest of 2 lots · 4 suppliers appointed
Framework period
2 yrs from 11 Jun 2024

Lots and requirements (2)Procurement structure

2 lots · all with a published value · same evaluation weights on every lot

Every one of these 2 lots carries the same published figure, £25,000,000: it is the framework's maximum for the whole notice, not each lot's own budget, and no share per lot is published. The cards below say ceiling above rather than repeat it.

Lot #1Cash/valuables collection and CViT services from premises or buildingsAwarded 2 yrsceiling above

The framework scope covers the cash/valuables collection and cash/valuables in transit (CViT) services from premises or buildings. It includes next day deposit to a cash receiving facility, onward delivery to another collection point, processing charges and change float services.

Contract period: 11 Jun 2024 – 10 Jun 2026 (2 yrs)
Delivery: UK
Extensions: The framework agreement has the option to extend for up to a further 24 months. The total estimated value stated in Section II.1.7 includes the option period.Variant bids: not allowed
Lot #2Cash collection and cash in transit services from parking machinesAwarded 2 yrsceiling above

The framework scope covers cash collection and cash in transit services from parking machines. It includes next day deposit to a cash/cheque receiving facility, onward delivery to another collection point and processing charges.

Contract period: 11 Jun 2024 – 10 Jun 2026 (2 yrs)
Delivery: UK
Extensions: The framework agreement has the option to extend for up to a further 24 months. The total estimated value stated in Section II.1.7 includes the option period.Variant bids: not allowed

What it takes to win
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How this buyer will score bids.

The evaluation criteria and weights exactly as published on the notice, grouped by family (price, quality, social value and so on).

Evaluation split and conditions of participation as published; the tender pack may add more
How bids were scored · same split on all 2 lots
Quality: 40%Price: 60%
Published sub-criteria (2)
  • Non-price: 40%
  • price: 60%
Published award criteria (2)
  • Non-price: 40
  • Price: 60
Conditions of participation1
  • Suitability

    The service provider shall maintain an 'Approved Contractor' status awarded by the Security Industry Authority during the life of the framework.

What this means for your bid
  • Price carries 60 of 100 points: a 10% discount moves about 6 points. This one is won on the number: sharpen the price before polishing the prose.
  • “324F_24 Cash/Valuables Collection and Cash/Valuables in Transit (CViT)…” is a framework: the contest is a place on its panel, not a single contract.

Price arithmetic assumes straight proportional scoring; the tender pack may use another formula.

Procedure terms & legal framework

From the official record · publisher note attached
Procedure method
Open procedure
Legal basis
CELEX · 32014L0024 Public Contracts Regulations 2015 (Directive 2014/24/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Framework agreement
Who may use this agreement
Not stated in the notice; call-off rights may be limited to the establishing authority
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
28 Mar 2024, 13:30 GMT
Last source update
17 Jun 2024, 12:08 BST
Award evaluation window
29 Apr 2024 – …
Authority reference
324F_24
FTS notice number
2024/S 000-018594
Classification (CPV)
Security servicesTransport services (excl. Waste transport)
Delivery area
UK
Official registry OCID
ocds-h6vhtk-044e43 Find a Tender
Contract terms
Performance terms

ESPO shall obtain a credit score (determined by the use of a credit rating agency) for the Service Provider on or before the Framework start date as a base score and where a significant change in the credit score is identified over the life of the Framework (or the credit score goes below 30), ESPO reserves the right to investigate the reasons for this significant change. Depending on the severity of the changes, it will be at the sole discretion of ESPO to suspend or even permanently remove the Service Provider from the Framework.

Review and risk notes
Review procedure

Information on deadlines(s) for review procedures can be found in Part 3, Chapter 6 of the Public Contracts Regulations 2015.

Publisher note: As a Central Purchasing Body as defined in the Public Contracts Regulations 2015, the Framework Agreement is open for use by Public Bodies (defined at https://www.espo.org/amfile/file/download/file/9608/) that also fall into one of the following classifications of user throughout all administrative regions of the UK: Local Authorities; Educational Establishments (including Academies); Central Government Departments and Agencies; Police, Fire & Rescue and Coastguard Emergency Services; NHS and HSC Bodies, including Ambulance Services; Registered Charities; Registered Social Landlords; The Corporate Office of the House of Lords, The Corporate Officer of the House of Commons; or any public body established by or under the Scotland Act 1998 or any Act of the Scottish Parliament. Details of the classification of end user establishments and geographical areas are available at: https://www.espo.org/legal. ESPO has established a commercial trading company, ESPO Trading Limited, whose target clients are third sector organisations such as national and local charities, public sector mutual organisations and other organisations involved in the delivery of services to or for the public sector. The successful Supplier may be asked to enter into an additional separate framework agreement (the Second Framework) with ESPO Trading Limited on materially similar terms to that found in the tender pack to be entered into by ESPO itself. Any Second Framework agreement will be a purely commercial agreement and will, for the avoidance of doubt, not be governed by the Public Contract Regulations 2015 or other public procurement legislation. ESPO Trading Limited may enter into the second framework agreement with the successful supplier and make it available to third sector clients who themselves are not required to follow the Public Contracts Regulations 2015 or other public procurement legislation. Accordingly, this is provided for bidders information only. An eAuction process may be used to award subsequent call off contracts following the reopening of competition among the parties to the Framework Agreement.

How it was run

Official notice
Run through: East Midlands Tendering
Supplier login requiredLanguage: EN
Access & registration note: Free regional portal
Appointment period ends
29 Apr 2024, 12:00 BST
Submission channel
{"electronicSubmission"}
Accepted languages
en
Bid validity
90 days from the deadline
Bids opened
29 Apr 2024, 12:01 BST
Detailed submission instructions & authority contactsFrom official release

Timeline

29 Apr 2024 → 17 Jun 2024 · 4 dates
  1. Admission / appointment period endsperiod end, not a bid countdown
    29 Apr 2024, 12:00 BST
  2. Bids opened
    29 Apr 2024, 12:01 BST
  3. Contract starts
    11 Jun 2024, 00:00 BST
  4. Notice published
    17 Jun 2024, 12:08 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    17 Jun 2024, 12:08 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Suppliers appointed 4admitted to the panel · see the list ↓
Bids received 52 from SMEs · busiest of 2 lots
Contracts signed 2latest 11 Jun 2024

2 suppliers are admitted to this framework without individual award values or dates, see the supplier list below.

Contracts

All 2 of these contracts carry the same published figure, £25,000,000, the framework's maximum for the whole notice, not each contract's own value. They are not eleven separate sums.

  • Lot 1 - Cash/valuables collection and CViT services from premises or buildings

    Signed
    11 Jun 2024
    Value
    ceiling above
    Period
    … – 10 Jun 2026
    Status
    active
  • Lot 2 - Cash collection and cash in transit services from parking machines

    Signed
    11 Jun 2024
    Value
    ceiling above
    Period
    … – 10 Jun 2026
    Status
    active

Bid statistics published by the authority

LotBidsSMEVCSEValid bid range
1 · Cash/valuables collection and CViT services from premises or buildings5bids · 5 electronic2——
2 · Cash collection and cash in transit services from parking machines5bids · 5 electronic2——

Contracting authority & participating public bodies

ESPO

Contracting authorityRegional or local authorityLocal Authority Services Barnsdale Way, Grove Park, Enderby, LEICESTER, East Midlands, LE19 1ESContact name, email Published organisation website ↗

Dispute resolution & review bodies

  • The Royal Court of JusticeReview body LONDON

Framework contractors & participating bidders

4 commercial parties on the notice
  • BDI SECURITIES UK LIMITEDFramework contractorGB-COH: 03042545 Unit G2 Hastingwood Trading Estate, Harbet Road, Edmonton, London, N18 3HT, London
  • G4S CASH SOLUTIONS (UK) LIMITEDFramework contractorGB-COH: 00354883 Chancery House, 6th Floor, St Nicholas Way, Sutton, Surrey, SM1 1JB, South East
  • KINGS ARMOURED SECURITY SERVICES LIMITEDFramework contractorGB-COH: 03159121 24 The Parker Centre, Mansfield Road, Derby, Derbyshire, DE21 4SZ, East Midlands
  • SECURITY PLUS LIMITEDFramework contractorGB-COH: 01325489 Tolerant House, Bellringer Road, Trentham Lakes South, Stoke on Trent, Staffordshire, ST4 8GZ, West Midlands

Official documents & specifications (2)

Official links; attachments are not copied

Tender pack and attachments

  • Economic and financial selection criteriatenderEconomic and financial selection criteria
  • Technical selection criteriatenderTechnical selection criteria