Expired contract

Strapping machine supply and maintenance for cash centres and Swindon

Details

Value
£150,000
Duration
3 years
Topic
Strapping machines
Published
17 June 2024

Tender description

Post Office 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. Post Office currently has an estate of 12 existing automatic strapping machines in its cash centres that require ongoing maintenance and servicing in line with OEM recommendations. Post Office also require the option to replace failed equipment with new automatic strapping machines and or seek to increase the number of machines held in the estate. Post Office also has strapping machines at its Swindon stock and a wrapping machine that will also require ongoing maintenance. The strapping machines are critical equipment for the Post Office operation. Bank notes require strapping, in order to be paid in to Bond or sent to BOE. Post Office shall also require the provision for short term equipment hire, in the event of strapping machine failure, become BER or due to operational pressures. Procurement conducted an exercise to obtain three quotes from the market to ensure fair competition. The restricted process ensured a compliant PCR 2015 award with reduced timescales.

Timeline

  1. Completed: Award date13 February 2023
  2. Completed: Award published17 June 2024
    Current notice
  3. Completed: Contract expiry date12 February 2026

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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