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Expired contract

Bulk Coin Cash Collection

Details

Buyer
Isle of Wight Council
Supplier(s)
G4S Cash Solutions (UK) Ltd
Value
£96,000
Duration
3 years
Topic
Security services
Published
21 April 2022
Source
uk:contracts_finder

Tender description

The Authority undertook a Further Competition under Lot 5 South East England of ESPO Framework 324F_20 for the collection of the Authority's bulk coin which has already been collected and counted by the Authority's operatives from the Authority's Pay and Display machines and the Cowes Floating Bridge. The Contract is for an initial period of 3 years with an option to extend for a further period or periods up to a total of 1 year taking the Contract term to a maximum of 4 years.

Timeline

  1. Award date25 March 2022
  2. Award published21 April 2022
    Current notice
  3. Contract expiry date31 March 2025

About the buyer

Isle of Wight Council governs the island as a local authority, and advertises its tender opportunities through the South East Business Portal. Contracts Finder lists opportunities above a set value threshold, while larger contracts appear on the Find a Tender Service. Suppliers register free on ProContract, the system behind that portal, to receive notifications of new opportunities. The same portal carries opportunities from local authorities across the South East region. Public Contract Regulations 2015 govern the council's tender processes. Every business gets a fair and equal chance to compete for its contracts.

UK local government drives £140bn in annual procurement, led by social protection (£66.6bn) and education (£57.1bn).

Over the past 5 years, most of Isle of Wight Council's contract awards have been in software and information systems, IT services and construction work.

Relevant CPV codes

  • 79710000 · Security services

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