Cash collection and Cash in transit Services
Transport for LondonEstimated Value
Up to £2,000,000
Deadline
Not specified
Published
12 June 2026
Type
Not specified
Overview
Transport for London (TfL) is conducting a market engagement exercise by way of a Market Sounding Questionnaire for its cash collection and cash in transit services. TfL accepts cash for either travel ticket and/or Oyster card purchase/top up at London Underground stations, via DLR ticket machines, at several bus stations and five (station based) Visitor Centres.
This cash needs to be collected and deposited to TfL's banking contractor within specified time windows. There are just under 300 London Underground stations, locations in Greater London, Essex and Hertfordshire DLR stations, and around 50 locations at DLR stations bus stations and Visitor Centres. The services are expected to support the safe handling, transportation, and management of cash generated from operational activities.
Contact & helpdesk
In order to obtain a copy of the Market Sounding Questionnaire please reach out to Annohbrobbey@tfl.gov.uk.
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Likely incumbents
Suppliers who won similar work from this buyer in the last 5 years.
- 1
London Central
21 contracts wonlatest 18 Feb 2026£107m
total awarded
- 2
Stagecoach East London
18 contracts wonlatest 24 Nov 2025£85m
total awarded
- 3
Transport UK London
14 contracts wonlatest 18 Feb 2026£89m
total awarded
- 4
Stagecoach Selkent
14 contracts wonlatest 9 Jan 2026£75m
total awarded
- 5
Arriva London North
13 contracts wonlatest 3 Feb 2026£91m
total awarded
London Central is the most likely incumbent based on recency and category match. To win, bidders typically need a clearly differentiated proposition or a price advantage.
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two years of filed accountsyour financial standingturnover vs contract valueyour Companies House recordcash flow for 30-day termscredit scores and ratios
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Buyer Profile
Transport for LondonKey Dates
Published
12 June 2026
Submission deadline
Not specified
Notice type
planning
Source
find a tender
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