Award

Skilled Person Review

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

24 Sep 2024 at 11:41

Award Notice
Summary of the contracting process

The Bank of England has completed the procurement process for a "Skilled Person Review" in the business and management consultancy services industry. The procurement was carried out through a selective method, specifically a call-off from a framework agreement. The value of the contract amounts to £376,228, with BDO LLP being selected as the supplier. Key dates include the tender end date on 30th October 2023, the start date of the contract on 30th November 2023, and the contract end date on 10th May 2024. The services will be delivered within the United Kingdom.

This tender presents opportunities for growth for businesses specialising in consultancy services, particularly those capable of providing skilled reviews for financial institutions. Companies with a strong background in business and management consultancy would find this type of contract appealing. Additionally, the procurement process being open to small and medium enterprises (SMEs) offers these businesses a chance to expand their market presence by engaging in high-profile contracts with institutions like the Bank of England.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Skilled Person Review

Notice Description

The Bank of England is seeking a partner to provide resource for a Skilled Person Review.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-03918775-d7f8-4d04-b18b-1ee574f02fcf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0d785d3f-09bd-437d-b41e-2dc532244221
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£376,228 £100K-£500K
Lots Value
Not specified
Awards Value
£376,228 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Sep 20241 years ago
Submission Deadline
30 Oct 2023Expired
Future Notice Date
Not specified
Award Date
30 Oct 20232 years ago
Contract Period
30 Nov 2023 - 10 May 2024 1-6 months
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
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
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

BDO

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-03918775-d7f8-4d04-b18b-1ee574f02fcf-2024-09-24T12:41:55+01:00",
    "date": "2024-09-24T12:41:55+01:00",
    "ocid": "ocds-b5fd17-03918775-d7f8-4d04-b18b-1ee574f02fcf",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001291v2",
        "title": "Skilled Person Review",
        "description": "The Bank of England is seeking a partner to provide resource for a Skilled Person Review.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79410000",
            "description": "Business and management consultancy services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 376228,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2023-10-30T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2023-11-30T00:00:00Z",
            "endDate": "2024-05-10T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "corporate.contracts@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-OC305127",
            "name": "BDO LLP",
            "identifier": {
                "legalName": "BDO LLP",
                "scheme": "GB-COH",
                "id": "OC305127"
            },
            "address": {
                "streetAddress": "55 Baker Street LONDON W1U 7EU GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-03918775-d7f8-4d04-b18b-1ee574f02fcf-1",
            "status": "active",
            "date": "2023-10-30T00:00:00Z",
            "datePublished": "2024-09-24T12:41:55+01:00",
            "value": {
                "amount": 376228,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-OC305127",
                    "name": "BDO LLP"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-11-30T00:00:00Z",
                "endDate": "2024-05-10T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/0d785d3f-09bd-437d-b41e-2dc532244221",
                    "datePublished": "2024-09-24T12:41:55+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}