Award

Ask AI about this notice

Summarise, research or assess it with AI

View Markdown

Share this notice

Send this contract to a colleague

Catering Services 2020 - Modification Notice

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Nov 2022 at 13:28

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for Catering Services 2020 - Modification Notice to Elior UK PLC. The contract, valued at £9,635,427 GBP, covers catering services at three sites in London and Loughton. The selective procurement method used involved a restricted procedure. The contract period runs from March 1, 2020, to February 28, 2023, with relief funding expected to be required until the end of the contract.

This tender provides business opportunities for companies in the canteen and catering services industry. Businesses with experience in providing catering services to large organisations, such as restaurants or catering companies, may find this tender suitable for growth. The Bank of England, as the buying organisation, sought to right-size the contract due to decreased footfall caused by the Covid-19 pandemic and subsequent work-from-home guidance, indicating a need for ongoing support in catering services.

How relevant is this notice?

Notice Information

Notice Title

Catering Services 2020 - Modification Notice

Notice Description

The Bank of England has a requirement for the provision of catering services at three of its sites, London EC2R 8AH, London EC2R 6DA and Loughton IG10 3TN. The original contract (notice 2020/S 006-009040) Contract was previously modified in notice 2021/S 012-026476 to provide relief due to Covid-19. This previous notice covered a period from May 2020 up to February 2021, and increased the value by PS343,817.00. The initial contract was signed in September 2019, with the cost based on historic usage data of the Bank's catering offerings. The Covid-19 pandemic and government mandated lockdowns precipitated a sustained period of work from home guidance, and this resulted in a much-reduced footfall into the Bank between March 2020 and January 2022. In line with the contract, and despite re-scoping of the catering provision, financial relief was required to maintain contract viability. Whilst usage has recovered markedly through 2022, we expect relief to continue to be required, albeit to a lesser extent, for the remainder of the contract. The contract will be reviewed and appropriate strategies put in place to most effectively and appropriately right-size the contract.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0034f2c4-5d61-4d23-bc79-fd6c49ea6fc9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/83995b80-0f0c-47fb-9883-e5991d20d943
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

55 - Hotel, restaurant and retail trade services

CPV Codes

55500000 - Canteen and catering services

Notice Value(s)

Tender Value
£7,500,000 £1M-£10M
Lots Value
Not specified
Awards Value
£9,635,427 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Nov 20223 years ago
Submission Deadline
17 Sep 2019Expired
Future Notice Date
Not specified
Award Date
17 Sep 20196 years ago
Contract Period
1 Mar 2020 - 28 Feb 2023 2-3 years
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
Postcode Area
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
Not specified
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ELIOR UK PLC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

Loading OCDS record...