Issue - items at meetings - Provision of a Cash in Transit and Ancillary Service effective from 10 December 2008

Report of the Director of Finance & Resources (copy attached).

1.     That it be noted that Coin Co International Plc met the evaluation criteria as set out in the evaluation process.

2.     That the ward of contract to Coin Co International Plc for a period of three years, commencing 10 December 2008, be approved, with an option (at the sole discretion of the council), to extend the contract for a further two years.

27.1       The Cabinet Member considered a report of the Director of Finance & Resources concerning the outcome of the evaluation process regarding the Cash in Transit and Ancillary Service Contract.  The report also recommended the appointment of the Council’s preferred contractor.  Further details of the financial evaluation was contained in the exempt item 27b (for copy see minute book).

27.2       The Cabinet Member thanked officers for the information contained in the report and stated that the tendering process had been carried out in the spirit of quality, efficiency and cost effectiveness.

27.3       RESOLVED - That having considered the information and the reasons set out in the report, the Cabinet Member accepted the following recommendations:

(1)            That it be noted that Coin Co International Plc met the evaluation criteria as set out in the evaluation process.

(2)            That the ward of contract to Coin Co International Plc for a period of three years, commencing 10 December 2008, be approved, with an option (at the sole discretion of the council), to extend the contract for a further two years.