Award

Provision of Oracle Software Update License and support

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

13 Nov 2024 at 11:55

Summary of the contracting process

The Bank of England has completed a public procurement process titled "Provision of Oracle Software Update License and support," targeting the IT services industry, specifically consulting, software development, internet, and support, classified under CPV code 72000000. This procurement falls under the services category and took place in England, United Kingdom. The procurement followed a direct, single tender action method below the threshold, with Oracle Corporation UK Limited being awarded the contract. The tender period concluded on 1 October 2024, and the contract period spans from 10 November 2024 to 9 November 2025. The contract, valued at £30,310.28, was awarded on 3 October 2024, with the award notice published on 13 November 2024.

This tender offers substantial opportunities for businesses involved in providing IT services, particularly those specialising in software updates and support. Large-scale IT service providers or those experienced in working with Oracle software would find this contract aligns with their capabilities. Moreover, participating in such contracts with a prestigious institution like the Bank of England can significantly enhance a company's portfolio and credibility, potentially leading to additional business opportunities within the financial services sector and other high-profile clients.

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Notice Title

Provision of Oracle Software Update License and support

Notice Description

Provision of Oracle Software Update licenses and support

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-099f6c9c-5b57-43dc-8331-3731bf15901c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1003f3f1-be9c-46bf-9fac-7119da264e97
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£30,310 Under £100K
Lots Value
Not specified
Awards Value
£30,310 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Nov 20241 years ago
Submission Deadline
1 Oct 2024Expired
Future Notice Date
Not specified
Award Date
2 Oct 20241 years ago
Contract Period
10 Nov 2024 - 9 Nov 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

ORACLE

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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