Award

Sourcing, Supplier and Contract Management Software

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

15 Oct 2024 at 15:59

Award Notice
Summary of the contracting process

The Bank of England has completed the procurement process for the provision of Sourcing, Supplier and Contract Management Software. This falls under the industry category of software packages and information systems (CPV 48000000). The procurement, with a total value of £119,268, was conducted through a call-off from a framework agreement using a selective procurement method. The tender stage concluded with a closing date on 30th June 2024, and the contract period spans from 1st July 2024 to 30th June 2026. The awarded contract was published on 15th October 2024, and the delivery location is specified as within England, United Kingdom.

This tender creates robust opportunities for businesses specialising in software solutions, particularly those with expertise in contract management software. Small and medium-sized enterprises were considered suitable for this procurement, presenting an attractive growth prospect for such entities. The successful supplier was Proactis Limited, indicating that businesses with a strong track record in providing comprehensive software packages for large organisations like the Bank of England would be well-positioned to compete in similar future procurements.

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Notice Information

Notice Title

Sourcing, Supplier and Contract Management Software

Notice Description

Provision of Sourcing, Supplier and Contract Management Software.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-0e0a22f2-d929-4889-8394-b346e4c42b85
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/da795cce-21dd-424f-a4bd-6800657f4b57
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£119,268 £100K-£500K
Lots Value
Not specified
Awards Value
£119,268 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Oct 20241 years ago
Submission Deadline
30 Jun 2024Expired
Future Notice Date
Not specified
Award Date
30 Jun 20241 years ago
Contract Period
30 Jun 2024 - 30 Jun 2026 1-2 years
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
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

PROACTIS

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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