Awarded contract

Post Office Banking Automation

Details

Supplier(s)
Glory Global Solutions (International) Ltd
Value
£26,000,000
Duration
7 years
Topic
Office and computing machinery, equipment and supplies except furniture and software packages
Published
11 March 2021

Tender description

***Please note this is an AWARD NOTICE, not a call for competition*** Post Office Limited (POL) has a requirement for Teller cash assist devices including but not limited to teller cash recycler • The provision of cash automation devices for use by tellers and / or customers with teller intervention to enable counter banking transactions within Post Offices to support locations with both high, medium and low transaction volumes. This may result in a differentiated service proposition based on demographics. • Hardware requirements will include but will not be limited to the following:- o Cash automation devices such as teller cash recycling (TCR) equipment o Teller Assist Units Customer facing cash recycling devices linked directly to the teller position In addition the provision of the following:- • both new or refurbished equipment or a combination of both • facilities for the secure destruction of obsolete and used parts and subsequent provision of evidence that meets the security requirements of the relevant Schemes. • asset management solutions. This has been sourced following a Competitive Dialogue procedure following POLs Banking Automation Procurement under OJEU Contract Notice reference 2019/S 027-060289. Additional information: The Contract Term is for a period of 60 months with renewal options to extend on one or more occasions up to a maximum term of 84 months. Additional CPV codes in the Contract Notice:- 35121000, 35125000, 66112000

Timeline

  1. Completed: Award date15 January 2021
  2. Completed: Award published11 March 2021
    Current notice
  3. Next: Contract expiry date14 January 2028in 14 months

About the buyer

Post Office Ltd is a central public body owned by the Department for Business and Trade. A centralised procurement team at its London headquarters sources goods and services for the whole organisation. Framework agreements under the Procurement Regulations are used where they fit. Suppliers manage live contracts through Web3, the company's supplier platform. Procurement newsletters keep suppliers informed of upcoming opportunities.

Over the past 5 years, most of Post Office Ltd's contract awards have been in business services, IT services and postal and telecoms services.

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