Find a TenderAwardedContract award notice
Published 21 May 2025, 15:01 BST

Official UK procurement notice

Supply, Installation and Maintenance of Cash Handling Devices

Official notice

Authority: Transport for London (Public body)

ServicesCompetitive flexible procedureAbove threshold
Published estimate£12,000,000≈ £2.4m / year · £14,400,000 inc. VAT · 1 value update7.2% below published estimate
Submissions closed 9 Jan 2026awarded 10 Jun 2026
Award (standstill) to PayComplete UK Limited.
Contract term 5 yrsends 27 May 2031 · up to 27 May 2033 with extensions · starts 28 May 2026

What is being bought

Published requirement description

This tender sought to award a single contract to a single provider for the provision of supply, installation and maintenance of Cash Handling Devices to commence in July 2026. As TfL currently has devices installed at its London Underground stations, maintenance of existing devices is a requirement to be delivered through the contract.

  • The authority expects to re-tender this requirement around 30 May 2030, 23:59 BST.
  • How the procedure runs: Bidders are invited to submit a response to our Invitation To Submit Initial Tenders which includes a Procurement Specific Questionnaire (inclusive of Conditions of Participation) as well as a Technical and Commercial proposal. Following publication of the tender but prior to the submission of proposals, bidders will have the opportunity to request a round of dialogue with the purpose of being able to provide clarity on the tender pack. Any information shared during dialogue sessions that could benefit all bidders will be recorded and shared as part of the clarification log. The PSQ will be evaluated in parallel to the Technical and Commercial submission as a single tendering stage. The two highest scoring compliant bidders may be invited to progress to a negotiation stage, intended to improve the content of the initial tenders without introducing material alterations. Multiple sessions may be held if necessary. To conclude the negotiation stage, bidders will be invited to submit final tenders. For the avoidance of doubt, the negotiation stage is an optional stage. Should the negotiation stage be conducted, scoring for the two tenders will be finalised and the PSQ responses will be re-visited and confirmed with bidders prior to entering the award stage. If a negotiation stage is not held, TfL will make an award based on the scoring from the Initial Tender Submission evaluation. In either circumstance, the contract award will be made to the bidder who has submitted the Most Advantageous Tender in line with the evaluation criteria.
  • No preliminary market engagement: Market Engagement has been carried out under a PIN notice, a Market Sounding Questionnaire, site visits and virtual engagement meetings have all been conducted in parallel to the new Procurement Act 2023 commencing.

CPV: Cash boxes · Installation services (except software) · Office machinery, equipment and supplies except computers, printers and furniture · Repair and maintenance services · Safe-deposit boxes

The lotProcurement structure

single lot · value published
Lot #1AwardedRenewal 5 yrsPublished value£12,000,000
Contract period: 28 May 2026 – 27 May 2031 (5 yrs) · up to 27 May 2033 with extensionsValue: £12,000,000 exc. VAT · £14,400,000 inc. VAT
Delivery: London
Extensions: The right to additional purchases while the contract is valid. Throughout the contract, the authority will be able to purchase devices to replace those at the end of their useful life. · Optional extension years may be used at the discretion of TfL. The extension options are for a total maximum period of 24 months, to be exercised in two, 12 month increments.
Pre-qualification & selection criteria (PQQ)2
  • Economic & financial standing

    Legal and financial capacity conditions of participation can be found within the Procurement Specific Questionnaire in Volume 1 of the tender pack.

  • Technical & professional ability

    Technical ability conditions of participation can be found within the Procurement Specific Questionnaire in Volume 1 of the tender pack.

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: 45%Price: 45%Social value: 10%
Published sub-criteria (8)
  • High-Level Transition Plan: 5%
  • Maintenance Proposal: 10%
  • Supply and Installation: 10%
  • Reporting: 5%
  • Account Management: 10%
  • Quality Assurance: 5%
  • Pricing Schedule: 45%
  • Social Value: 10%
Published award criteria (8)
  • Social Value
  • High-Level Transition Plan
  • Maintenance Proposal
  • Supply and Installation
  • Reporting
  • Account Management
  • Quality Assurance
  • Pricing Schedule
Conditions of participation2
  • Economic & financial standing

    Legal and financial capacity conditions of participation can be found within the Procurement Specific Questionnaire in Volume 1 of the tender pack.

  • Technical & professional ability

    Technical ability conditions of participation can be found within the Procurement Specific Questionnaire in Volume 1 of the tender pack.

What this means for your bid
  • Price carries 45 of 100 points: a 10% discount moves about 4.5 points. Quality carries 45 of 100: the paper moves it further than 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
Competitive flexible procedure
Legal basis
UKPGA · 2023/54 Procurement Act 2023
Procurement category
Services
Notice status
Awarded
Procurement threshold
Above threshold (FTS publication)
Regulatory regime
Standard
Commercial structure
Stand-alone contract (no framework)
Competition type
Competitive procedure
GPA / WTO covered
Unspecified in notice
Recurring procurement
Yes · next expected 30 May 2030
First published
21 May 2025, 15:01 BST
Last source update
16 Jun 2026, 20:52 BST
Award evaluation window
Submission end – 28 Apr 2026
Authority reference
WS2348189700
FTS notice number
2025/S 000-072212
Latest notice
Contract award notice (UK6)
Classification (CPV)
Cash boxesInstallation services (except software)Office machinery, equipment and supplies except computers, printers and furnitureRepair and maintenance servicesSafe-deposit boxes
Delivery area
London (UKI)
Official registry OCID
ocds-h6vhtk-051b46 Find a Tender
Contract terms summary

Outlined in the contract document, included in the tender pack.

How it runs

Bidders are invited to submit a response to our Invitation To Submit Initial Tenders which includes a Procurement Specific Questionnaire (inclusive of Conditions of Participation) as well as a Technical and Commercial proposal. Following publication of the tender but prior to the submission of proposals, bidders will have the opportunity to request a round of dialogue with the purpose of being able to provide clarity on the tender pack. Any information shared during dialogue sessions that could benefit all bidders will be recorded and shared as part of the clarification log. The PSQ will be evaluated in parallel to the Technical and Commercial submission as a single tendering stage.

The two highest scoring compliant bidders may be invited to progress to a negotiation stage, intended to improve the content of the initial tenders without introducing material alterations. Multiple sessions may be held if necessary. To conclude the negotiation stage, bidders will be invited to submit final tenders. For the avoidance of doubt, the negotiation stage is an optional stage.

Should the negotiation stage be conducted, scoring for the two tenders will be finalised and the PSQ responses will be re-visited and confirmed with bidders prior to entering the award stage. If a negotiation stage is not held, TfL will make an award based on the scoring from the Initial Tender Submission evaluation.

In either circumstance, the contract award will be made to the bidder who has submitted the Most Advantageous Tender in line with the evaluation criteria.

Review and risk notes
Risks

-Software obsolescence

-Supply of spare parts and obsolescence

-Integration of operating systems/software

-Cost of labour

-Software specific

-Vulnerabilities to hacking, data breaches or ransomware

-Compliance with data protection laws (e.g. GDPR)

-Licensing & IP

-Licensing restrictions or expiration

-Intellectual property disputes

How it was run

Official notice
Run through: SAP Ariba · Who buys & how to bid on SAP Ariba
Supplier login requiredElectronic submission allowedLanguage: EN
Access & registration note: Free buyer-specific invitations
Submission deadline
9 Jan 2026, 15:00 GMT
Clarification deadline
23 Dec 2025, 15:00 GMT
Submission channel
Official e-sourcing portal
Electronic submission
Allowed
Accepted languages
en
Detailed submission instructions & authority contactsFrom official release

Timeline

21 May 2025 → 25 Jun 2026 · 10 dates
  1. Planning notice published
    21 May 2025, 15:01 BST
  2. Next notice expected353 days ago
    3 Nov 2025, 23:59 GMT
  3. Tender notice published349 days ago
    7 Nov 2025, 17:18 GMT
  4. Clarification questions by303 days ago
    23 Dec 2025, 15:00 GMT
  5. Submission deadline286 days ago
    9 Jan 2026, 15:00 GMT
  6. Award decision expected by177 days ago
    28 Apr 2026, 23:59 BST
  7. Contract starts148 days ago
    28 May 2026, 00:00 BST
  8. Assessment summaries sent135 days ago
    10 Jun 2026, 00:00 BST
  9. Latest notice published128 days ago
    16 Jun 2026, 20:52 BST
  10. Standstill ends119 days ago
    25 Jun 2026, 23:59 BST

Notice history

11 events · 4 releases on Find a Tender · since 21 May 2025
  1. Pipeline notice published
    21 May 2025, 15:01 BST
    UK1
  2. Planned procurement notice published
    10 Oct 2025, 16:34 BST
    UK3
  3. Published value published: £12,000,000
    10 Oct 2025, 16:34 BST
  4. Procurement method changed
    10 Oct 2025, 16:34 BST
  5. Deadline published: 9 Jan 2026, 14:00 GMT
    10 Oct 2025, 16:34 BST
  6. Tender notice published
    7 Nov 2025, 17:18 GMT
    UK4
  7. Status changed to active
    7 Nov 2025, 17:18 GMT
  8. Deadline moved to 9 Jan 2026, 15:00 GMT
    7 Nov 2025, 17:18 GMT
    +0 days · was 9 Jan 2026, 14:00 GMT
  9. Contract award notice published
    16 Jun 2026, 20:52 BST
    UK6
  10. Status changed to complete
    16 Jun 2026, 20:52 BST
  11. Contract signature expected
    20 Jul 2026, 23:59 BST
    scheduled
Routine re-releases (4)
  • 2025-05: 1 release · 21 May 2025

Commercial outcome & contract awards

Published awards, contracts and bid statistics, not a forecast
Awards 1
Awarded value £11,138,4321 award exc. VAT
Bids received 2
Named bidders 2published on the award notice
Awarded toValueDateStatus
PayComplete UK Limited.SME20 Jul 2026 – 19 Jul 2031 · up to 19 Jul 2033Extensions: Two optional extension years which can be executed in yearly increments (1+1). · Options: The optional extension years may be executed by the Contracting Authority by providing sufficient notice to the Service Provider in accordance with the contract.£11,138,43210 Jun 2026standstill to 25 Jun 2026Standstill

Bid statistics published by the authority

BidsSMEVCSEValid bid range
2final-stage tenders · 3 at stage one00—

Who bid

Bidders as named on the Procurement Act 2023 award notice. “Won” means the bidder holds an award on this notice.

Contracting authority & participating public bodies

Transport for London

Contracting authorityPublic undertaking GB-PPON: PHMT-6197-NWNZ 5 Endeavour Square, London, London, E20 1JNContact name, email

Bidders & participating suppliers

2 commercial parties on the notice · 1 awarded
  • Cennox Group LimitedBidder / tendererGB-COH: 05148523 Units 11 & 12, Admiralty Way, Camberley, South East, GU15 3DT
  • PayComplete (UK) LimitedAwarded supplierGB-COH: 00518608 Dutch House, 110 Broadway, Salford, North West, M50 2UWContact email

Official documents & specifications (9)

Official links; attachments are not copied

Tender pack and attachments

Notices published for this procedure

  • Contract award notice awardContract award noticeUK6Contract award notice on Find a Tender
  • Tender notice tenderTender noticeUK4Tender notice on Find a Tender
  • Planned procurement notice planningPlanned procurement noticeUK3Planned procurement notice on Find a Tender
  • Pipeline notice planningPipeline noticeUK1Pipeline notice on Find a Tender