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Cash Counter Payment Services to Residents Across Derbyshire

Awarded

ocds-h6vhtk-068809International

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

Derbyshire County Council has awarded a contract to Post Office Limited to provide Cash Counter Payment Services to support the Derbyshire Discretionary Fund and other authorized payment initiatives. This service allows residents to exchange vouchers for their full cash value at physical Post Office locations across Derbyshire and surrounding borders. The provider is responsible for issuing vouchers or voucher codes to the Council or directly to residents via text, email, or letter as instructed. The contract represents a total estimated value of up to 37,755,568 pounds, which includes an estimated 37 million pounds in payments to residents and up to 755,568 pounds in service delivery charges over an eight year period. While the initial term ends on May 31, 2028, there are extension options available to continue the service until May 2034. The agreement may be subject to novation or modification in the event of Local Government Reorganisation in accordance with the Procurement Act 2023.

General Info

Post Office Limited provides cash payment services for Derbyshire Council up to 37.7 million.

Agency

Derbyshire County Council

Contract Value

NAICS

522320 - Financial Transactions Processing, Reserve, and Clearinghouse Activities

Place of Performance

GBR

Set-Aside

NONE

Awardee

Post Office

Documents

Derbyshire County Council - Post Office Payout Contract

contract-document

High

Cash Counter Payment Services to Residents Across Derbyshire - Post Office Limited

award

Low

AI Contract Breakdown

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Contract not broken down yet

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Timeline

PhaseAwarded

PostedOct 7

Award Notice

AwardedOct 13

Contract was awarded

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Organization & Contact Information

AgencyDerbyshire County Council

Contacts1 person available

OfficeN/A

Organization / AgencyDerbyshire County Council

Office AddressN/A

Contacts

contact@example.gov

Full Description

To deliver a Cash Counter Payment Service to support the delivery of the Derbyshire Discretionary Fund (DDF) and other Council authorised payment initiatives. The service is a Cash Counter Payment Service to: • Enable Derbyshire Residents to exchange vouchers for the full value of the voucher in cash, on first time presentation at physical Cash Counter Locations across Derbyshire and its surrounding borders. • Issues vouchers/voucher codes to the Council for the Council to issue direct to residents, and/issues vouchers / voucher codes to Derbyshire Residents by text, email or letter (as instructed by the Council). The total estimated service delivery charges for the provider over an 8-year period are up to a maximum of £755,568. Please note that this estimate is not guaranteed, and payments will be made based on actual activity. It is estimated payments to Derbyshire residents over 8 years will be up to £37,000,000. It should be noted that this contract may be affected by Local Government Reorganisation (LGR). In accordance with Schedule 8 of the Procurement Act 2023, this contract may be novated to a successor council or otherwise modified to reflect the requirements of any new council arrangements arising from LGR. The exact nature of any modification or novation cannot be determined at this time, but such changes will be managed under both the Procurement Act 2023 and the contractual provisions