Award

Provision of Cisco Compute and Network Hardware (RTGS)

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

14 May 2025 at 14:19

Award

14 May 2025 at 14:16

Summary of the contracting process

The procurement process was conducted by the Bank of England for the provision of Cisco Compute and Network Hardware (RTGS). This contract falls under the industry category of Computer equipment and supplies and was executed using a selective procurement method through a call-off from a framework agreement. It is located in England, United Kingdom. The procurement process has reached the award stage with the status of the award being active as of 16 January 2025. The contract spans from 1 March 2025 to 31 March 2027, with the total contract value amounting to GBP 6,390,149.68.

This tender presents significant opportunities for large-scale businesses, particularly those specialising in delivering high-quality computer equipment and network solutions. Companies with established relationships in providing IT infrastructure to large organisations, like Softcat PLC, which has been selected as the supplier, would find this contract beneficial for consolidating their market presence and expanding their business portfolios. Although not specifically suited for SMEs or VCSEs, it affirms the demand for robust technology providers capable of supporting critical financial sector infrastructure.

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Notice Title

Provision of Cisco Compute and Network Hardware (RTGS)

Notice Description

Provision of Cisco Compute and Network Hardware (RTGS)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-013943f5-b0dc-4aed-a75b-a3e23bb021ff
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/9564724d-43b5-4d4f-a2a9-3d275ef7332d
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
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

30 - Office and computing machinery, equipment and supplies except furniture and software packages


CPV Codes

30200000 - Computer equipment and supplies

Notice Value(s)

Tender Value
£6,390,149 £1M-£10M
Lots Value
Not specified
Awards Value
£6,390,149 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
14 May 20259 months ago
Submission Deadline
20 Dec 2024Expired
Future Notice Date
Not specified
Award Date
16 Jan 20251 years ago
Contract Period
1 Mar 2025 - 31 Mar 2027 2-3 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

SOFTCAT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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.

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