Closed tender

For the provision of Cash Collection and Cash in Transit Service

Details

Value
£44,000
Topic
Financial and insurance services
Published
27 January 2025
Submission
21 February 2025

Tender description

The Council seeks to establish an Agreement(s) for the provision of Cash Collection, Cash in Transit and Cash Processing services including delivery of cheques to the Council's bank cheque processing centre (currently Nat West). The services to be provided will comprise of the secure collection, processing and consolidation and onward depositing of negotiable and non-negotiable money to high street banks, nominated cash receiving facilities, or other suitable receiving locations as specified. As part of the service, accurate records are required to be maintained, from which various reports and management information shall be presented.

Timeline

  1. Completed: Tender published27 January 2025
    Current notice
  2. Completed: Submission date21 February 2025

About the buyer

Cambridge City Council is a local authority serving Cambridge, running its own procurement function for goods, works and services. Contract opportunities are advertised on the Due North portal, procontract.due-north.com. Smaller purchases run through call-off or measured-term contracts, each suited to routine buying. Consultancy and similar recurring needs sit on corporate frameworks that can run for up to four years. Specialist training and comparable services can instead be bought through a dynamic purchasing system. The council also draws on frameworks let by national bodies such as Crown Commercial Service and ESPO, applying that framework's own rules.

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 Cambridge City Council's contract awards have been in business services, architectural and engineering services and waste, cleaning and environmental services.

Relevant CPV codes

  • 66000000 · Financial and insurance services
  • 98000000 · Other community, social and personal services

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Decision makers

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