Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

03 Jun 2025 at 15:56

Summary of the contracting process

The public procurement process, initiated by the Bank of England, focused on acquiring professional technology services under the Technology Support Services Framework. This contracting phase is at the award stage, with the award date set on 3rd March 2025 and published on 3rd June 2025. The procurement process is for information systems or technology strategic review and planning services, specifically located in England, United Kingdom. The tender was conducted through a selective procurement method, which involved a call-off from a pre-existing framework agreement. The contract period spans from March to September 2025, with the total award value amounting to £201,170. Although the tender process targeted significant entities, it was not specifically suitable for SMEs or VCSEs.

This awarded contract represents a lucrative opportunity for large-scale firms specialising in IT strategic planning services, offering a clear avenue for business growth through engagement with the Bank of England. Companies that provide comprehensive IT consultancy services, particularly those capable of fulfilling complex strategic IT projects within the specified framework, would find this tender advantageous. The project allows these businesses to further establish their expertise in high-profile public sector contracts, a critical step in expanding their portfolio and enhancing their market reputation.

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Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st March and 31st March 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-097c33d1-13e0-4a4d-a10d-4776ca64b8dc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8303bd89-78fb-419d-b90f-b43c6457f2e1
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£201,170 £100K-£500K
Lots Value
Not specified
Awards Value
£201,170 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
3 Jun 20258 months ago
Submission Deadline
24 Feb 2025Expired
Future Notice Date
Not specified
Award Date
3 Mar 202511 months ago
Contract Period
3 Mar 2025 - 2 Sep 2025 6-12 months
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
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
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

AXIOLOGIK

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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