Movement of Seized Cash

HM Revenue & Customs

Published: Aug 19, 2026

Updated: Aug 19, 2026

Source: uk_fts

About This Opportunity

This is a supplies contract in the finance and banking sector, with a focus on Banking. Located in United Kingdom, Europe, this opportunity is open to firms and consortiums, with an estimated budget of GBP 320,000.

Published through UK FTS - Find a Tender Service, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for the supply of goods in the finance and banking sector. Supply contracts typically require bidders to demonstrate product compliance with technical specifications, delivery capacity, and relevant certifications. This is an advance notice — the formal tender is expected to be published shortly. Interested parties can use this time to prepare documentation and identify potential partners.

Description

Under the Proceeds of Crime Act 2002 HMRC has the right to seize cash or goods it has reasonable grounds to suspect are the proceeds of crime, are intended for use in unlawful conduct or are otherwise recoverable property. HMRC has an obligation to ensure that any seized monies are transferred to an Interest Banking Account as soon as possible. The main objectives of the contract are to: • Provide a cost-effective Service for the collection and delivery of seized cash, cheques and goods. • Guarantee the security of seized cash/cheques/goods whilst in the possession of the Supplier. • Minimise health and safety risks to both the Customer and the Supplier involved in the collection, delivery and transportation of seized cash/goods and cheques. A supplier is required to ensure the successful transfer of seized cash, cheques and goods from agreed HMRC collection points to appropriate banking institutions via the following core services: • Cash in Transit (CIT) service (ad hoc collections) • Scheduled Service (scheduled collections) • High Risk High Value (HRHV) service (collections valued >£100k)

Data provenance

This notice is sourced from UK FTS - Find a Tender Service and was originally published on August 19, 2026. Last refreshed today. Reference: 079009-2026. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About HM Revenue & Customs

HM Revenue & Customs has issued 62 procurement notices on BidsFactory, including 9 currently open and 40 awarded contracts. Activity concentrates in Governance & Public Administration, Information & Communication Technology, and Finance & Banking. All notices are published for United Kingdom. Notices are distributed via UK FTS - Find a Tender Service. Most recent publication: August 19, 2026.

Frequently asked questions about this tender

What is the estimated budget?

The estimated contract value is £320,000 - £320,000. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.

Where will the contract be performed?

The contract is for delivery in United Kingdom. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit UK FTS - Find a Tender Service to access the full notice, required documents, and submission instructions. Quote reference 079009-2026 when communicating with the contracting authority.

Who is the contracting authority?

This notice was issued by HM Revenue & Customs in United Kingdom. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Supplies contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.