Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

10 Apr 2025 at 12:13

Summary of the contracting process

The procurement process involves the Bank of England acquiring professional technology services, classified under information systems or technology strategic review and planning services (CPV code 72222000). This process, implemented through a selective procurement method as a call-off from a framework agreement, concluded with the award stage. The awarded contract, valued at GBP 491,355, covers the period from 6th January 2025 to 24th August 2025, with services to be delivered at the specified location in London (postal code EC2R 8AH). The tender was active during a defined tender period that concluded on 23rd December 2024.

For businesses operating in professional technology services, this awarded tender exemplifies a significant opportunity to engage with a prominent financial institution, providing substantial work within a fixed timeframe. Larger firms, particularly those with a focus on information systems and strategic technology planning, would find themselves well-suited for similar opportunities arising from framework agreements, highlighting the importance of being a part of pre-established procurement frameworks to access selective tenders. This type of procurement process can foster business growth by securing high-value contracts with reputable entities like the Bank of England.

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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 Jan and 28th Feb 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0d36702f-6660-40e9-a211-9a15b37f3d0d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1427ceb9-7a7d-49f4-9d03-2e85203531ad
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
£491,355 £100K-£500K
Lots Value
Not specified
Awards Value
£491,355 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
10 Apr 202510 months ago
Submission Deadline
23 Dec 2024Expired
Future Notice Date
Not specified
Award Date
6 Jan 20251 years ago
Contract Period
6 Jan 2025 - 24 Aug 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
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

COFORGE

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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