Award

Penguin Book Purchase

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

03 Mar 2022 at 14:03

Award Notice
Summary of the contracting process

The Bank of England has recently completed a procurement process for the direct award of a contract titled "Penguin Book Purchase." This purchase, classified under the industry category of publishing services, pertains to a new economics book being published in May, with delivery set across schools throughout the United Kingdom. The contract, valued at £30,375, was initiated on 28th February 2022 and will run until 27th February 2023. Notably, the procurement method applied was a direct award due to it falling below the threshold for competitive tendering, with the tender period concluding on 26th February 2022.

This contract represents a strategic opportunity for businesses in the publishing sector, especially those that can provide educational materials in a timely manner. Companies with capabilities in publishing services, particularly those focused on economics or academic literature, may find this contract aligns well with their offerings. As the contract was awarded directly to Penguin Random House, it indicates that the buyer appreciates robust relationships with established publishers, yet smaller firms may still aspire to participate in future opportunities by showcasing innovative educational content that meets the needs of the Bank of England and its associated educational distribution goals.

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Notice Information

Notice Title

Penguin Book Purchase

Notice Description

The Bank currently has a contract with Penguin Random House but it does not cover this purchasing activity. Bank is working with Penguin Random House (PRH) on a new economics book which is being published in May and distributed to schools throughout the United Kingdom. This contract has been direct awarded to PRH as a below threshold requirement.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0471b5c0-e4fa-4a00-838b-f1a47157fecf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1cf3ca0f-5f1e-4a01-8519-9ebb03775e54
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Not applicable
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79970000 - Publishing services

Notice Value(s)

Tender Value
£30,375 Under £100K
Lots Value
Not specified
Awards Value
£30,375 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 20224 years ago
Submission Deadline
26 Feb 2022Expired
Future Notice Date
Not specified
Award Date
27 Feb 20224 years ago
Contract Period
28 Feb 2022 - 27 Feb 2023 6-12 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

PENGUIN RANDOM HOUSE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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