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Published 14 Dec 2022, 15:30 GMT

Official UK procurement notice

Provision of cash in transit services

Official notice

Authority: FIRST RAIL HOLDINGS LIMITED (Public body)·Consortium: 2 public authorities

3 lotsServicesNegotiated procedure with prior call for competition
Sectors: Financial and insurance services (66) Delivery: UKLondon (UKI)South East (UKJ2)
+2 moreSouth West (UKK)Wales (UKL)
Published estimate£589,545total for 3 lots
Submissions closed 12 Jan 2023awarded 31 Mar 2024
Lots 3see the lot list below

What is being bought3 lots · detail below

Published requirement description

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

CPV: Financial and insurance services

Lots and requirements (3)Procurement structure

3 lots · all with a published value (£588,000 together)
Lot #1Provision of cash in transit servicesAwardedRenewal UK, London +2Published value£298,000
Delivery: UK, London, South West, Wales
Extensions: Option to extend for a period of 24 months. · A 36 month initial contract term with an option to extend the agreement for a period of up to 24 months.Variant bids: not allowed
66000000 Financial and insurance services
Lot #2Provision of cash in transit servicesAwardedRenewal UK, London +1Published value£238,000

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

Delivery: UK, London, South East
Extensions: A 36 month initial contract term with an option to extend the agreement for a period of up to 24 months.Variant bids: not allowed
66000000 Financial and insurance services
Lot #3Provision of cash in transit servicesAwardedRenewal UK, LondonPublished value£52,000

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.

Delivery: UK, London · The entire Avanti West Coast operating area from London to the North West, Glasgow and into Wales.
Extensions: A 36 month initial contract term with an option to extend the agreement for a period of up to 24 months.Variant bids: not allowed
66000000 Financial and insurance services

Procedure terms & legal framework

From the official record
Procedure method
Negotiated procedure with prior call for competition
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
Unspecified in notice
Recurring procurement
No (one-off requirement)
First published
14 Dec 2022, 15:30 GMT
Last source update
14 Aug 2024, 11:48 BST
FTS notice number
2024/S 000-025769
Classification (CPV)
Financial and insurance services
Delivery area
UKLondon (UKI)South East (UKJ2)South West (UKK)Wales (UKL)
Official registry OCID
ocds-h6vhtk-038d83 Find a Tender

How it was run

Official notice
Run through: portal not identified
Language: EN
Submission deadline
12 Jan 2023, 12:00 GMT
Submission channel
{"electronicSubmission"}
Accepted languages
en
Participation fee
document
Detailed submission instructions & authority contactsFrom official release

redirect.transaxions.com/events/RyJux ↗

Timeline

12 Jan 2023 → 14 Aug 2024 · 2 dates
  1. Submission deadline
    12 Jan 2023, 12:00 GMT
  2. Notice published
    14 Aug 2024, 11:48 BST

Notice history

2 events · 2 releases on Find a Tender · since 14 Aug 2024
  1. Status changed to complete
    14 Aug 2024, 11:48 BST
  2. Buyer details updated
    14 Aug 2024, 11:48 BST

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 3
Contracts signed 3latest 31 Mar 2024

3 further award records carry no date or value.

Contracts

  • Provision of cash in transit services · supplier not published

    Signed
    31 Mar 2024
    Value
    —
    Status
    active

  • Provision of cash in transit services · supplier not published

    Signed
    31 Mar 2024
    Value
    —
    Status
    active

  • Provision of cash in transit services · supplier not published

    Signed
    31 Mar 2024
    Value
    —
    Status
    active

Contracting authority & participating public bodies

2 public bodies on the notice

FIRST RAIL HOLDINGS LIMITED

Contracting authorityPublic bodyRailway services GB-COH: 02029363 · GB-COH: 05154485 8th Floor,The Point, 37 North Wharf Road, LONDON, London, W21AFContact name, email, phone Published organisation website ↗

Official documents & specifications

Official links; attachments are not copied

No document links were published on the notice.