# Post Office Banking Automation

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Post Office Limited](/buyers/post-office-limited/contract-awards)
- Contract winner: Cennox Ltd
- Award value: £24,000,000
- Tender value: £24,000,000
- Award date: 16 November 2020
- Published: 7 July 2022
- Contract start: 12 August 2021
- Contract end: 11 August 2028
- Stage: awarded
- Procurement category: services
- Notice ID: 890048d3-4bc8-4892-8c17-9aa0faab25b5-552782
- OCID: ocds-b5fd17-eda5a007-a2df-4f63-b511-56db0a84ea8a

## Description

\*\*\*Please note this is an AWARD NOTICE, not a call for competition\*\*\* Post Office Limited \(POL\) has a requirement for multi-vendor banking automation and self-service equipment to enable banking transactions within Post Offices to support locations with both high, medium and low transaction volumes\. This may result in a differentiated service proposition based on demographics\. Hardware requirements will include but will not be limited to the following:- • mono function cash dispensing and multi-function devices providing other services including but not limited to deposit taking, bill payments etc\. • the provision of hardware component upgrades for existing equipment to support existing transaction sets and services and preserve the longevity of the incumbent hardware where appropriate\. • The provision of both new or refurbished equipment or a combination of both • The provision of facilities for the secure destruction of obsolete and used parts and subsequent provision of evidence that meets the security requirements of the relevant Schemes\. • To provide asset management solutions • To support proof of concept initiatives as required from time to time\. This has been sourced following a Competitive Dialogue procedure following POLs Banking Automation Procurement under OJEU Contract Notice reference 2019/S 027-060289\. Additional information: This is an Award Notice, not a call for competition\. The Contract Term is for a period of 60 months with renewal options to extend on one or more occasions up to a maximum term of 84 months Two Contracts have been awarded under this Lot 3 for the Supply of ATMs and the estimated Contract value is £24m over both Contracts for the duration including extension options\.\(84 months\)

## Related contract awards

- [Post Office Local Listings Service](/contracts/ocds-b5fd17-78e19d26-2bf9-4068-b5fe-6f1b3650ddfa): Post Office Limited
- [Search Monitoring Tool](/contracts/ocds-b5fd17-c9fac111-61d2-4367-8a5c-4730a73d774e): Post Office Limited
- [Digital Capabilities Framework Call-Off](/contracts/ocds-b5fd17-fe0e27ac-8001-4295-980c-3b292bfd6b0e): Post Office Limited
- [Post Office Banking Automation](/contracts/ocds-b5fd17-98799648-60d3-499b-b76b-8b7f329c9ab7): Post Office Limited
- [Post Office Banking Automation](/contracts/ocds-b5fd17-6400edec-12ca-48de-a7f2-44894e938e23): Post Office Limited

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/890048d3-4bc8-4892-8c17-9aa0faab25b5-552782)