Award

Provision of professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

24 Sep 2024 at 10:13

Summary of the contracting process

The Bank of England has completed the procurement process for the provision of professional technology services to support various technology projects under the Technology Support Services Framework. Classified under the industry category of systems and technical consultancy services, this procurement was facilitated through a selective method, specifically a call-off from a framework agreement. The contract, valued at £2,400,796, was awarded on 1st March 2024 and will run until 31st December 2024. The services will be delivered within England, UK. The completion of the tender phase was marked on 15th February 2024.

This tender offers substantial opportunities for growth, especially for businesses specialising in technology consultancy and systems support. While small and medium enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) may not fit the criteria, larger firms with robust capabilities in technology service delivery, like the awarded supplier Telstra UK Limited, stand to benefit significantly. The framework agreement allows for efficient procurement processes, enabling capable suppliers to secure significant projects that align with their strategic goals.

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Notice Title

Provision of professional technology services

Notice Description

Provision of professional technology services to support the delivery of a number of different Technology projects. This is under Technology Support Services Framework.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0b8e81c2-25d8-4528-8da6-55de8d8e7a88
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ea29a3a0-1991-4a56-8533-29a120b32693
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

72220000 - Systems and technical consultancy services

Notice Value(s)

Tender Value
£2,400,796 £1M-£10M
Lots Value
Not specified
Awards Value
£2,400,796 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
24 Sep 20241 years ago
Submission Deadline
15 Feb 2024Expired
Future Notice Date
Not specified
Award Date
1 Mar 20241 years ago
Contract Period
1 Mar 2024 - 31 Dec 2024 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

TELSTRA

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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