Award

Provision of support and maintenance for Oracle database licences

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

22 Apr 2026 at 09:05

Summary of the contracting process

The Bank of England has concluded a procurement process to secure services for the provision of support and maintenance for Oracle database licences, classified under the Database and operating software package industry category. The contract, valued at £1,778,560.40, covers a period from 20 March 2026 to 3 January 2028. Located in England, the procurement was conducted through a selective method via a framework agreement. The award stage was completed with Oracle Corporation UK Limited, a large-scale supplier, as the successful bidder. Relevant events occurred with the contract award dated 24 March 2026 and publication details confirmed on 22 April 2026.

This tender creates growth opportunities for businesses specialising in IT services and database management, particularly those with expertise in Oracle software. While SMEs are not specifically targeted, larger IT firms with robust capabilities in software support and maintenance frameworks are well-positioned to compete for similar opportunities. Businesses looking to expand their client base within governmental organisations, such as the Bank of England, will find this sector rewarding and potentially profitable.

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How relevant is this notice?

Notice Title

Provision of support and maintenance for Oracle database licences

Notice Description

Provision of support and maintenance for Oracle database licences

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0025ed3d-51d0-4e64-b874-744d1f5fdb48
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6d761d8f-f501-4a61-adb1-9a9f744d551d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48600000 - Database and operating software package

Notice Value(s)

Tender Value
£1,778,560 £1M-£10M
Lots Value
Not specified
Awards Value
£1,778,560 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 20263 days ago
Submission Deadline
13 Mar 2026Expired
Future Notice Date
Not specified
Award Date
24 Mar 20261 months ago
Contract Period
20 Mar 2026 - 3 Jan 2028 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
EC2R 8AH
Post Town
Central London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI35 Westminster and City of London
Delivery Location
TLC North East (England), TLD North West (England), TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLJ South East (England), TLK South West (England)

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ORACLE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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