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Official procurement procedure

Strapping Machine Maintenance + Consumables Agreement

Coin-wrapping machines
West Midlands (UKG31)
Published value
Not published
Submission deadline Not published
Lots published1
Procurement Executive Summary
AI & Search Synopsis
Generated from official OCDS record
Tenderline Synopsis: Post Office Limited: "Strapping Machine Maintenance + Consumables Agreement". Published status: complete. Published value: Value not published. 1 published lot. Submission deadline not published. See the official notice for participation instructions.
Contracting AuthorityPost Office LimitedScope & CategoriesNot publishedSubmission Window
complete
No deadline published
Submission GatewayDirect notice routeLegal Basis & RegimeStandard procurementEstimated Value (exc. VAT)Not published
Bidder Intelligence · Authority Profile: Post Office Limited
Market Analytics
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Derived from OCDS awards & bid statistics
Published history for Post Office Limited. These figures describe retained records, not a forecast of bids or a measure of buyer bias.
Published-to-award variance
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
2Bids / Report
0% of reports have one bid
Supplier ConcentrationNo estimate
Insufficient attributable awardsNo concentration estimate available
Payment Terms
Check noticePublished terms
Payment obligations depend on the applicable regime and contract. Consult the official documents.
Coverage: 1 active published awards; 1 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 Unpublished data stays unknown.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.
Procedure terms
Contracting AuthorityPost Office Limited
Procedure methodNot published
Procurement categoryNot published
Statuscomplete
Framework / DPSNot published
CompetitionNot published
Above thresholdNot published
Legal basisNot published
Tender period startsNot published
Clarification deadlineNot published
Electronic submissionNot published
Submission languagesNot published
Published28 Feb 2023, 11:40 GMT
Last source update28 Feb 2023, 11:40 GMT
Recurring procurementNot published
ClassificationCoin-wrapping machines
Delivery area
West Midlands (UKG31)
OCIDocds-h6vhtk-03acb4
What is being bought
Post Office Limited (POL) has a requirement to count and strap bank notes for Bank of England and Scottish banks, across 3 UK centres as part of our obligations as a member of the NCS. POL has an estate of 12 existing Automatic strapping Machines in its cash centres that require ongoing maintenance and servicing in line with OEM recommendations. POL require the option to replace failed equipment with new ASM?s and/or seek to increase the number of machines held in the estate. POL may also require the provision for short term equipment hire
What changed
From the official release history
  1. Status changed to complete
    28 Feb 2023, 11:40 GMT
  2. Official notice release published
    28 Feb 2023, 11:40 GMT
  3. Buyer information updated
    28 Feb 2023, 11:40 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Preliminary Market Consultations There are three main players in the market that could fulfil our requirements, Siat Spa (the incumbent), Kite Packaging and Southgate Packaging (who provide the service to RM) Procurement believe that this is a representative cohort of suppliers who will wish to bid for this opportunity . Approach The estimated total contract value exclusive of VAT is under the current threshold. Procurement will seek at least three quotes from the market to ensure fair competition In considering the procurement we have decided to include the consumable element in the tender along with the maintenance element. This procurement will be for 2 lots: 1. Maintenance of the existing/New Strapping Machines, including parts and new equipment supply as required. 2. Supply of strapping machine consumables for existing and any new equipment.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    28 Feb 2023, 11:40 GMT
  2. Award active
    Not published · Not published
  3. Contract active
    Signed 31 Jan 2023, 00:00 GMT · £150,000
Commercial outcome and competition
Awards
Southgate Packaging Limited
Not published · Not published · active
Contracts
Strapping Machine Maintenance + Consumables
£150,000 · signed 31 Jan 2023, 00:00 GMT · active
Bid statistics
bids: 2 (lot 1)
electronicBids: 2 (lot 1)
foreignBidsFromEU: 0 (lot 1)
foreignBidsFromNonEU: 0 (lot 1)
smeBids: 0 (lot 1)
Buyer and organisations in this procedure

Post Office Limited

Contracting authority GB-FTS-76293
View buyer profile
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published
Planning and rationale
Planning budgetNot published
No-engagement rationaleNot published
Procedure rationalePreliminary Market Consultations There are three main players in the market that could fulfil our requirements, Siat Spa (the incumbent), Kite Packaging and Southgate Packaging (who provide the service to RM) Procurement believe that this is a representative cohort of suppliers who will wish to bid for this opportunity . Approach The estimated total contract value exclusive of VAT is under the current threshold. Procurement will seek at least three quotes from the market to ensure fair competition In considering the procurement we have decided to include the consumable element in the tender along with the maintenance element. This procurement will be for 2 lots: 1. Maintenance of the existing/New Strapping Machines, including parts and new equipment supply as required. 2. Supply of strapping machine consumables for existing and any new equipment.