Notes Stillage Cage Provision, Storage, Maintenance, and Disposal
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The Bank of England is soliciting proposals under solicitation PROC/772 for the provision, maintenance, storage, and disposal of stillage cages used for the secure storage and transportation of banknotes. The scope of work includes the supply of approximately 5,000 additional cages for delivery by 2031, ongoing maintenance of the existing and new cage estate, storage services for surplus cages at the Debden site in the East of England, and the sustainable disposal of cages beyond economic repair. The estimated total value of the contract is 1,750,000 GBP excluding VAT, with a projected period of performance from March 1, 2027, to February 28, 2034. This open procedure is particularly suited for small and medium-sized enterprises. Award decisions will be based on a weighted evaluation of price (50%), quality (41%), and social value (9%), with payment terms set at 30 days in arrears. Due to the sensitive nature of the requirements, interested suppliers must execute a non-disclosure agreement via DocuSign before accessing tender documents. Proposals must be submitted in English through the Bank's Oracle Suppliers Portal by the deadline of December 7, 2026, at 2:30pm.
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