Issue - items at meetings - Procurement of Cash in Transit Services

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

1)    That the Policy & Resources Committee authorises the Section 151 Officer to procure and award a contract for cash in transit services through a tendering process for companies listed on the relevant ESPO framework or through a full OJEU tender process as appropriate.

2)    That the Policy & Resources Committee agrees to a contract period of 2 years and authorises the Section 151 Officer to enter into an optional extension for a further 2 years subject to satisfactory performance of the contract.

87.1       The Committee considered a report of the Interim Executive Director for Finance & Resources in relation to Procurement of Cash in Transit Services. The current cash in transit contract was let on a short term basis following the early termination of the contract with the Council’s previous provider. This short term contract was due to expire on 3 August 2016, and the report recommended undertaking a mini-tender exercise inviting companies listed on the ESPO framework to tender.

87.2       In response to Councillor Sykes the Interim Executive Director clarified that an in-house service had been considered; however, the insurance implications as well as the regulation of the industry ruled out this option.

87.3       The Chair then put the recommendation to the vote.

87.4       RESOLVED:

1)        That the Committee authorises the Section 151 Officer to procure and award a contract for cash in transit services through a tendering process for companies listed on the relevant ESPO framework or through a full OJEU tender process as appropriate.

2)        That the Committee agrees to a contract period of 2 years and authorises the Section 151 Officer to enter into an optional extension for a further 2 years subject to satisfactory performance of the contract.