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Official procurement procedure

Supply Chain Framework - Cash in Transit Services

Security services
UK
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: "Supply Chain Framework - Cash in Transit Services". 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
View Authority Profile →
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.
Average Price Reduction
Not availableInsufficient comparable data
Requires at least 5 comparable procedures
Competition Density
1.4Bids / Report
57.1% 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: 7 active published awards; 7 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. Price reduction 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 Unpublished data stays unknown.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
Published24 Apr 2023, 15:45 BST
Last source update24 Apr 2023, 15:45 BST
Recurring procurementNot published
ClassificationSecurity services
Delivery area
UK
OCIDocds-h6vhtk-039232
What is being bought
As set out in the documentation this award notice relates to the procurement process for awarding a Supply Chain Framework for Post Office Limited. The procurement process was run following a Open procedure. This award notice is for Lot 1 - Cash In Transit Works - Collection and / or deliveries of Cash, Bureau and Stock items to selected Post Office branches.
What changed
From the official release history
  1. tender value changed
    24 Apr 2023, 15:45 BST
  2. Status changed to complete
    24 Apr 2023, 15:45 BST
  3. Official notice release published
    24 Apr 2023, 15:45 BST
  4. Submission deadline changed to published date
    24 Apr 2023, 15:45 BST
  5. Buyer information updated
    24 Apr 2023, 15:45 BST
  6. Published value updated to £2,000,000
    16 Dec 2022, 17:10 GMT
  7. Status changed to active
    16 Dec 2022, 17:10 GMT
  8. Official notice release published
    16 Dec 2022, 17:10 GMT
  9. Submission deadline changed to 19 Jan 2023, 12:00 GMT
    16 Dec 2022, 17:10 GMT
  10. Buyer information updated
    16 Dec 2022, 17:10 GMT
Lots and requirements (1)
Published by the contracting authority
  • Lot 1 · #1
    Individual lot title not published
    cancelled
    Published valueNot published
    Procurement that was run was an 'Open' procedure where there were two lots to be bid for: The Frameworks to be awarded were split into 2 Lots: Lot 1 - Cash In Transit Works - Collection and / or deliveries of Cash, Bureau and Stock items to selected Post Office branches Lot 2 - Cash Processing Works - Processing of Note deposits, Supply of Bullion Pack Coin. Processing of Coin deposits and Supply of ATM Fit notes The procurement for the Lot 2 Services was unsuccessful. The Post Office are considering our options for future options for the services covered by lot 2 and shall advertise these in the appropriate fashion if and when Post Office intend to go out to market for similar services. Thus, this award notice is for Lot 1 only. The end date of the Lot 1 Cash in Transit framework Agreement is 31st March 2027.
    Contract periodNot published
    EligibilityNot published
    Options / renewalNot published
Timeline
  1. Procedure published
    24 Apr 2023, 15:45 BST
  2. Award active
    Not published · Not published
  3. Award active
    Not published · Not published
  4. Contract active
    Signed 1 Apr 2023, 00:00 BST · £2,000,000
  5. Contract active
    Signed 1 Apr 2023, 00:00 BST · £2,000,000
Commercial outcome and competition
Awards
G4S Cash Solutions (UK) Limited
Not published · Not published · active
Loomis (UK) Limited
Not published · Not published · active
Contracts
Cash in Transit Services
£2,000,000 · signed 1 Apr 2023, 00:00 BST · active
Cash in Transit
£2,000,000 · signed 1 Apr 2023, 00:00 BST · active
Bid statistics
bids: 2 (lot 1)
bids: 2 (lot 1)
Buyer and organisations in this procedure

Post Office Limited

Contracting authority GB-FTS-15206
View buyer profile

  • Post Office Limited
    buyer
    reviewBody

    London, UK
    procurement@postoffice.co.uk

  • G4S Cash Solutions (UK) Limited
    supplier

    Sutton, UK

  • Loomis (UK) Limited
    supplier

    Nottingham, UK
Documents (0)
Official links; attachments are not copied
No data
No linked documents are published
Related procedures (0)
No data
No related procedures published