Scope
Description
Translink is seeking to appoint a supplier to deliver comprehensive cash processing and corporate banking services that will enable Translink to efficiently manage its financial operations, cashflow requirements and investment activities. This opportunity comprises of 2 lots; Lot 1: Corporate Banking Services and Lot 2: Cash Processing Services. Your response must be submitted via the relevant call for tender (CfT). No other method of submission will be accepted.
Total value (estimated)
- £960,000 including VAT
Above the relevant threshold
Contract dates (estimated)
- 3 June 2026 to 2 June 2030
- Possible extension to 2 June 2034
- 8 years
Description of possible extension:
The contract will be for an initial contract term of 4 years from 3rd June 2026 until 2nd June 2030 with 2 options to extend, each option being period of 2 years; a potential maximum contract term of 8 years until 2nd June 2034.
Main procurement category
Services
CPV classifications
- 66000000 - Financial and insurance services
- 66100000 - Banking and investment services
- 66110000 - Banking services
- 66112000 - Deposit services
Contract locations
- UKN0 - Northern Ireland
Lot 1. Corporate Banking Services
Description
A comprehensive suite of corporate banking services to support Translink's financial operations as a large public sector organisation.
Lot value (estimated)
- £258,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Lot 2. Cash Processing Services
Description
Provision of secure banking and processing of daily cash takings collected by Translink's appointed Cash-in-Transit (CIT) provider.
Lot value (estimated)
- £702,000 including VAT
Same for all lots
CPV classifications, contract locations and contract dates are shown in the Scope section, because they are the same for all lots.
Submission
Tender submission deadline
11 November 2025, 11:59pm
Submission address and any special instructions
Tenders may be submitted electronically
Yes
Languages that may be used for submission
English
Award decision date (estimated)
16 December 2025
Award criteria
| Name | Description | Type | Weighting |
|---|---|---|---|
| Technical | Evaluation Criteria as detailed in the Tender Documents. |
Quality | 60% |
| Commercial | Financial Criteria as detailed in the Tender Documents. |
Cost | 40% |
Other information
Applicable trade agreements
- Government Procurement Agreement (GPA)
Conflicts assessment prepared/revised
Yes
Procedure
Procedure type
Open procedure
Special regime
Utilities
Contracting authority
Translink
- Public Procurement Organisation Number: PTMT-7134-NRMV
22 Great Victoria Street
Belfast
BT2 7LX
United Kingdom
Email: procurement@translink.co.uk
Region: UKN06 - Belfast
Organisation type: Public undertaking (commercial organisation subject to public authority oversight)
Devolved regulations that apply: Northern Ireland