Find a Tender
planned
Official procurement procedure
Cash collection and Cash in transit Services
Banking services
Security services
UK
Published value
£2,000,000
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Transport for London: "Cash collection and Cash in transit Services". Published status: planned. Published value: £2,000,000. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
| Contracting Authority | Transport for London | Scope & Categories | Not published | Submission Window | planned No deadline published |
|---|---|---|---|---|---|
| Submission Gateway | Direct notice route | Legal Basis & Regime | Standard procurement | Estimated Value (exc. VAT) | £2,000,000 |
Bidder Intelligence · Authority Profile: Transport for London
Market Analytics
Derived from OCDS awards & bid statistics
Published history for Transport for London. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Competition Density
3.3Bids / Report
Supplier ConcentrationModerate Concentration
SAP (UK) LIMITEDTop vendor: 29.1% of attributable valuePayment Terms
Check noticePublished terms
Coverage: 85 active published awards; 16 bid reports (which may be per lot). Supplier values exclude multi-supplier awards, frameworks and DPS, and use GBP only. They are published award values, not payments. Published-to-award variance compares single-lot, single-award, single-supplier GBP procedures with explicitly non-framework/non-DPS status; increases remain in the average. Unpublished data stays unknown. Awarded suppliers are winners, not all bidders.
Historical Awarded Suppliers With This Authority:
| Supplier Name | Historic Awards | Attributable GBP Value |
|---|---|---|
| SAP (UK) LIMITED | 1 win | £6,700,000 |
| SIEMENS MOBILITY LIMITED | 1 win | £4,316,720 |
| CLARKE CHAPMAN FACILITIES MANAGEMENT LIMITED | 1 win | £1,831,032 |
| CADENT GAS LIMITED | 1 win | £1,594,000 |
| CLESHAR CONTRACT SERVICES LIMITED | 1 win | £1,320,806 |
Procedure terms
Contracting AuthorityTransport for London | Procedure methodNot published | Procurement categoryNot published |
Statusplanned | Framework / DPSDynamic market | CompetitionNot published |
Above thresholdNot published | Legal basisNot published | Tender period startsNot published |
Clarification deadlineNot published | Electronic submissionNot published | Submission languagesNot published |
Published12 Jun 2026, 12:34 BST | Last source update12 Jun 2026, 12:34 BST | Recurring procurementNot published |
ClassificationBanking services, Security services | ||
Delivery area UK | ||
OCIDocds-h6vhtk-069962 | ||
What is being bought
Transport for London (TfL) is conducting a market engagement exercise by way of a Market Sounding Questionnaire for its cash collection and cash in transit services.
TfL accepts cash for either travel ticket and/or Oyster card purchase/top up at London Underground stations, via DLR ticket machines, at several bus stations and five (station based) Visitor Centres. This cash needs to be collected and deposited to TfL's banking contractor within specified time windows. There are just under 300 London Underground stations, locations in Greater London, Essex and Hertfordshire DLR stations, and around 50 locations at DLR stations bus stations and Visitor Centres.
The services are expected to support the safe handling, transportation, and management of cash generated from operational activities. In order to obtain a copy of the Market Sounding Questionnaire please reach out to Annohbrobbey@tfl.gov.uk.
What changed
From the official release history
- Published value updated to £2,000,000
12 Jun 2026, 12:34 BST - Official notice release published
12 Jun 2026, 12:34 BST - Status changed to planned
14 May 2026, 20:55 BST - Official notice release published
14 May 2026, 20:55 BST - Buyer information updated
14 May 2026, 20:55 BST
Lots and requirements (1)
Published by the contracting authority
- Lot 1 · #1Individual lot title not publishedplannedPublished valueNot publishedThe source published no individual title or description for this lot.Contract periodNot publishedEligibilityNot publishedOptions / renewalNot published
Timeline
- Pipeline notice
12 Jun 2026, 12:34 BST - Procedure published
12 Jun 2026, 12:34 BST - engagement
31 Jul 2026, 23:59 BST · scheduledMarket Sounding Questionnaire
Commercial outcome and competition
AwardsNo award published |
ContractsNo contract published |
Bid statisticsNo aggregate bid statistics published |
Buyer and organisations in this procedure
Transport for London
Contracting authority GB-PPON-PHMT-6197-NWNZDocuments (1)
Official links; attachments are not copied
- 12 Jun 2026, 12:34 BST
Related procedures (0)
No related procedures published
Planning and rationale
Planning budgetNot published |
No-engagement rationaleNot published |
Procedure rationaleNot published |