Award

Electrical Generator Critical Spares

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Jun 2025 at 14:19

Award Notice
Summary of the contracting process

The Bank of England has conducted a procurement process titled "Electrical Generator Critical Spares," focusing on supplying critical spares for electrical generators under the industry category of Generators (CPV 31120000). The procurement method was a single tender action below the threshold, indicating direct procurement. The process is currently at the award stage, with Lincoln Diesels Limited, a small and medium-sized enterprise (SME), having been awarded the contract on 13 January 2025. The goods are to be delivered to London, with the contract period slated from 31 January to 28 February 2025. The tender was valued at £43,791 GBP.

This tender offers substantial opportunities for business growth, especially for SMEs like Lincoln Diesels Limited that specialise in generator equipment and supplies. Companies involved in manufacturing, maintaining, or supplying electrical generator components and parts are particularly well-suited to compete for similar contracts. The focused procurement process suggests that businesses which can demonstrate reliable and timely delivery of critical electrical components have the advantage to secure future collaborative opportunities with major institutions like the Bank of England.

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Notice Information

Notice Title

Electrical Generator Critical Spares

Notice Description

Critical spares for Electrical Generators.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-083ccf6d-cf99-45f4-aece-f9d1747954ae
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/21be6c67-9b69-434a-a492-cffd11d932f8
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

31 - Electrical machinery, apparatus, equipment and consumables; lighting

CPV Codes

31120000 - Generators

Notice Value(s)

Tender Value
£43,791 Under £100K
Lots Value
Not specified
Awards Value
£43,791 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jun 20258 months ago
Submission Deadline
13 Jan 2025Expired
Future Notice Date
Not specified
Award Date
13 Jan 20251 years ago
Contract Period
31 Jan 2025 - 28 Feb 2025 30 days
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

LINCOLN DIESELS

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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