North Eastern Universities Purchasing Consortium Ltd (NEUPC) is one of six UK Higher Education purchasing consortia established to deliver and manage a wide range of collaborative framework agreements designed to maximise third party expenditure within the higher education sector. (NEUPC) wishes to develop a national framework agreement to service the requirements of UK Higher Education Institutions and Associate members for the supply of Cash and Valuables in Transit Services.

Services will include, but not limited to, supply of cash and valuables in transit services, ATM replenishments, delivery of coin change, cash counting and processing, collection from pay amd display parking.

North Eastern Universities Purchasing Consortium Ltd (NEUPC) is one of six UK Higher Education purchasing consortia established to deliver and manage a wide range of collaborative framework agreements designed to maximise third party expenditure within the higher education sector. (NEUPC) wishes to develop a national framework agreement to service the requirements of UK Higher Education Institutions and Associate members for the supply of Cash and Valuables in Transit Services.

Services will include, but not limited to, supply of cash and valuables in transit services, ATM replenishments, delivery of coin change, cash counting and processing and collection from pay & display parking.

The framework will be available for use by any member institution of the UK Higher Education Purchasing Consortia:

— NEUPC North Eastern Universities Purchasing Consortium,

— LUPC London Universities Purchasing Consortium,

— NWUPC North West Universities Purchasing Consortium,

— SUPC Southern Universities Purchasing Consortium,

— HEPCW Higher Education Purchasing Consortium for Wales,

— NEUPC Advanced Procurement for Universities and Colleges (Scotland), and by Further Education institutions that are members of the Crescent Purchasing Consortium (CPC).

The estimated value of the agreement is 11,923,294 GBP over the duration of the agreement including the extension period. Tenderers are asked to note that there is no guarantee of demand or even any business for successful Contractors on the Framework Agreement. However, agreements are created on a collaborative basis with user input from institutions. This process is designed to capture user requirements and create agreements which meet users' needs. Additionally, NEUPC through its regional procurement account management structure and other regional UK HE consortia via their tailored client management approaches actively promote contracts and their usage to ensure maximum contract uptake amongst the participating institutions.

The framework agreement is available to all for use by any member institution of the UK Higher Education Purchasing Consortia. They will, in the same way that NEUPC will, promote the framework agreement to their own consortia members.

The Framework Agreement will be uploaded to https://www.hecontracts.co.uk. The HEC contracts database contains all HE and FE sector, consortia negotiated contracts. Institutions are able to access all national contracts and regional contracts from their regional purchasing consortium through HEC.

The framework agreement award will be based on the most economically advantageous tender, (MEAT). Award criteria will be a combination of both financial and non-financial factors and will consider:

— Price — 40 %,

— Quality — 60 %.

Estimated value excluding VAT: 11 923 294 GBP