Published date: 17 June 2024
Awarded contract - This means that the contract has been awarded to a supplier.
Contract summary
Industry
Strapping machines - 42921310
Location of contract
United Kingdom
Value of contract
£150,000
Procurement reference
Contract Reference No: C102210 CAF reference: 2747
Published date
17 June 2024
Closing date
12 February 2023
Closing time
12pm
Contract start date
13 February 2023
Contract end date
12 February 2026
Contract type
Service contract
Procedure type
Competitive quotation (below threshold)
The buyer selects a group of potential suppliers to invite to tender.
This procedure can be used for procurements below the relevant contract value threshold.
Contract is suitable for SMEs?
Yes
Contract is suitable for VCSEs?
No
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.
Award information
Awarded date
12 February 2023
Contract start date
13 February 2023
Contract end date
12 February 2026
Total value of contract
£150,000
This contract was awarded to 1 supplier.
Southgate Global Limited
Address
Sterling House Hamlin Way, Hardwick Narrows, King's Lynn, England, PE30 4NG
Reference
Companies House number: 05910826
Value of contract
£150,000
Supplier is SME?
Yes
Supplier is VCSE?
No
Additional details
-
Post Office 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.
About the buyer
Contact name
Post Office Procurement
Address
100 Wood St,
London
EC2V7ER
United Kingdom
Website
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Closing: 12 February 2023, 12pm
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