Northern Ireland Sorting Services

A Contract Award Notice
by BANK OF ENGLAND

Source: Find a Tender
Type: Contract ()
Duration: not specified
Value: £160K-£2M

Sector: MISCELLANEOUS
Published: 01 Dec 2025
Delivery: not specified
Deadline: n/a

Related Terms

Location

Geochart for 1 buyers and 4 suppliers

1 buyer

Bank of England London

4 suppliers

Description

Provision of banknote sorting services within Northern Ireland to sort Bank of England banknotes for authenticity and quality.

Award Detail

1	Aib Group (Belfast) Reference: 1 Value: £160,000
2	Bank of Ireland (London) Reference: 2 Value: £1,120,000
3	National Westminster Bank (London) Reference: 3 Value: £1,800,000
4	Northern Bank (Belfast) Reference: 4 Value: £560,000

CPV Codes

None found

Legal Justification

Eligible suppliers must operate in Northern Ireland and possess highly specialised infrastructure, including secure vault storage, note sorting equipment, and robust security protocols; and have the financial capacity to hold large values of cash. A change in supplier could introduce incompatible infrastructure, processes, and security protocols, which could undermine the integrity of the Northern Ireland Sorting Services framework. Transitioning to a new supplier would require significant technical reconfiguration, including new security vetting and infrastructure audits. These changes would be disproportionate relative to the value and scope of the services and would risk operational disruption.