Find a TenderAwarded
Published 6 Nov 2024, 16:51 GMT

Official UK procurement notice

P-3028 Cash in Transit 2025

Official notice

Authority: Translink (Public body)

ServicesOpen procedure
Published estimate£3,500,000exc. VAT
Submissions closed 9 Dec 2024awarded 11 Feb 2025
Awarded to G4S Cash Solutions (UK) Limited

What is being bought

Published requirement description

Translink are seeking a Contractor to provide Cash in Transit services. Services include secure cash collection, re-floating, safe key holding, and unprepared cash collections for ticket vending machines (TVM's).

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

The lotProcurement structure

single lot · value published
Lot #1AwardedPublished value£3,500,000
Extensions: Initial term of 4 years plus 2+2 optional extensions.Variant bids: not allowed

What it takes to win
i

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
Quality: 60%Price: 40%
Published sub-criteria (2)
  • Quality: 60%
  • Cost: 40%
Published award criteria (2)
  • Quality: 60
  • Cost: 40
What this means for your bid
  • Price carries 40 of 100 points: a 10% discount moves about 4 points. The method statement decides this lot, not the discount.

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

Procedure terms & legal framework

From the official record
Procedure method
Open procedure
Legal basis
CELEX · 32014L0025 Utilities Contracts Regulations 2016 (Directive 2014/25/EU)
Procurement category
Services
Notice status
Awarded
Procurement threshold
Unspecified in notice
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Yes (GPA)
Recurring procurement
No (one-off requirement)
First published
6 Nov 2024, 16:51 GMT
Last source update
12 Feb 2025, 10:29 GMT
Award evaluation window
9 Dec 2024 – …
FTS notice number
2025/S 000-004682
Classification (CPV)
Banking servicesCollection agency servicesSecurity servicesTransport services (excl. Waste transport)
Delivery area
Northern Ireland (UKN)
Official registry OCID
ocds-h6vhtk-04b478 Find a Tender

How it was run

Official notice
Run through: eTendersNI · Who buys & how to bid on eTendersNI
Supplier login requiredLanguage: EN
Access & registration note: Free Northern Ireland registration
Submission deadline
9 Dec 2024, 12:00 GMT
Submission channel
{"electronicSubmission","written"}
Accepted languages
en
Bids opened
9 Dec 2024, 12:30 GMT
Detailed submission instructions & authority contactsFrom official release

Timeline

9 Dec 2024 → 7 Jun 2025 · 4 dates
  1. Submission deadline
    9 Dec 2024, 12:00 GMT
  2. Bids opened
    9 Dec 2024, 12:30 GMT
  3. Notice published
    12 Feb 2025, 10:29 GMT
  4. Bids must remain valid until
    7 Jun 2025, 23:59 BST

Notice history

1 event · 2 releases on Find a Tender
  1. Status changed to complete
    12 Feb 2025, 10:29 GMT

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £3,500,0001 contract exc. VAT
Bids received 2
Contracts signed 1latest 11 Feb 2025
Awarded toValueDateStatus
G4S Cash Solutions (UK) LimitedContract£3,500,000 †—Awarded

Contracts

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2bids · 2 electronic · 1 from abroad0——

Contracting authority & participating public bodies

Translink

Contracting authorityPublic bodyUrban railway, tramway, trolleybus or bus services Procurement Department, Belfast, UK, BT2 7LXContact email Published organisation website ↗

Dispute resolution & review bodies

  • High CourtReview body Belfast

Bidders & participating suppliers

1 commercial party on the notice

Official documents & specifications (4)

Official links; attachments are not copied

Tender pack and attachments

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