Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

27 Mar 2025 at 14:17

Summary of the contracting process

The BANK OF ENGLAND has completed a procurement process for the provision of professional technology services, awarded under the Technology Support Services Framework. The procurement focused on information systems or technology strategic review and planning services, classified under CPV code 72222000. The contract, valued at GBP 1,495,481, was awarded to Telstra UK Limited. The tender period ended on 1st October 2024, with the contract running from 8th October 2024 to 28th November 2025. The location for service delivery is centralised at the Bank's address in Threadneedle Street, London (EC2R 8AH).

This tender provides significant opportunities for large-scale technology firms experienced in strategic review and planning services to partner with a prestigious institution like the Bank of England. Businesses adept at delivering high-level technology support and innovation can leverage this contract to showcase their expertise and build a strong portfolio by serving a key financial organisation. The contract, not specifically targeted at SMEs or VCSEs, highlights an excellent growth opportunity for well-established technology companies with the capacity to meet rigorous framework requirements.

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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 in 2024 between 1st Oct and 30th Nov.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-11a8c3de-07b9-48b1-acbd-49e320250e24
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/df530e79-73c7-442e-849b-3c9b8c72a12a
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
£1,495,481 £1M-£10M
Lots Value
Not specified
Awards Value
£1,495,481 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
27 Mar 202511 months ago
Submission Deadline
1 Oct 2024Expired
Future Notice Date
Not specified
Award Date
7 Oct 20241 years ago
Contract Period
7 Oct 2024 - 28 Nov 2025 1-2 years
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

TELSTRA

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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