Cash in Transit

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Estimated value

£740k

Awarded value

£749k

Awarded 20 Jul 2016

Suppliers

1

Lots

1

1 awarded

Published

17 Mar 2016

Deadline 18 Apr 2016

Description

Annually the cash in transit contract is responsible for over 18,000 secure collections and efficient deposits of income to the council’s bank. Sealed bag collections are made from 127 establishments across the city including but not restricted to; Schools, WV Active, Wolverhampton Homes, Markets, Galleries and the Civic Centre. The contract is sub divided into schedules for 39 and 52 week collections for establishments across the city with an additional provision for adhoc usage which is subject to fluctuation. The service provision required by the Council consists of: · Regular collection of monies from establishments across the City · Ad Hoc collections of monies from establishments across the City · Regular collections of monies from the car parks across the City Centre · Regular collection of monies from the pay & display machines across the City Centre · Cash processing of monies collected from car parks across the City Centre · Delivery of coinage through a bulk cash facility to establishments across the City

Scope

Reference
PP15103
Total value
£740,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
31 Jul 2016 to 30 Jul 2020
CPV classifications
66100000

Submission & procedure

Submission deadline
18 Apr 2016, 11:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£749k

Award date

20 Jul 2016

Contract start

31 Jul 2016

Contract end

30 Jul 2020