Tender

PS5, PS10 & PS50 Polymer Substrate Supply Framework

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Tender

19 Dec 2018 at 13:42

Summary of the contracting process

The Bank of England is initiating a selective tender process for a framework to supply Polymer Substrate, which will be used in the production of £5, £10, and £50 banknotes. The contract, valued at £50 million, is part of the goods procurement category and is focused on the printed matter and related products industry. The tender period is open until 25 January 2019, and the contract will commence on 1 July 2019, lasting until 1 July 2027. Interested parties should visit the Bank of England's procurement website for further details.

This tender presents significant opportunities for businesses in the printing and materials sector, particularly those specialising in security-type printed matter and banknotes. Companies with capabilities in producing high-quality substrates and those experienced in large-scale supply chain management will be well-positioned to compete. By engaging with this procurement process, businesses can potentially secure long-term contracts with a major financial institution, thereby fostering growth and enhancing their market presence.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

PS5, PS10 & PS50 Polymer Substrate Supply Framework

Notice Description

The Contracting Authority is responsibe for ensureing security and continuity of the supply of high quality banknotes. The Authority wishes to establish a framework under which it can purchase Polymer Substrate for the next PSPS50 banknote and current PS5 and PS10 banknotes. Additional information: Please log onto www.bankofenglandtenders.co.uk to express your interest and view the procurement documentation.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-162f32a5-e23e-4a8f-b74f-8f7f918b906c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/689bf493-903a-4f14-be47-e44831cd7bf3
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

22 - Printed matter and related products


CPV Codes

22000000 - Printed matter and related products

22430000 - Banknotes

22450000 - Security-type printed matter

Notice Value(s)

Tender Value
£50,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
19 Dec 20187 years ago
Submission Deadline
25 Jan 2019Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
30 Jun 2019 - 1 Jul 2027 Over 5 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
BANK OF ENGLAND
Contact Name
Not specified
Contact Email
fm.contracts@bankofengland.co.uk
Contact Phone
+44 2034613000

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

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-162f32a5-e23e-4a8f-b74f-8f7f918b906c-2018-12-19T13:42:29Z",
    "date": "2018-12-19T13:42:29Z",
    "ocid": "ocds-b5fd17-162f32a5-e23e-4a8f-b74f-8f7f918b906c",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "BOE001-DN383749-45774297",
        "title": "PS5, PS10 & PS50 Polymer Substrate Supply Framework",
        "description": "The Contracting Authority is responsibe for ensureing security and continuity of the supply of high quality banknotes. The Authority wishes to establish a framework under which it can purchase Polymer Substrate for the next PSPS50 banknote and current PS5 and PS10 banknotes. Additional information: Please log onto www.bankofenglandtenders.co.uk to express your interest and view the procurement documentation.",
        "datePublished": "2018-12-19T13:42:29Z",
        "status": "active",
        "classification": {
            "scheme": "CPV",
            "id": "22000000",
            "description": "Printed matter and related products"
        },
        "additionalClassifications": [
            {
                "scheme": "CPV",
                "id": "22430000",
                "description": "Banknotes"
            },
            {
                "scheme": "CPV",
                "id": "22450000",
                "description": "Security-type printed matter"
            }
        ],
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "British Oversea Territories"
                    },
                    {
                        "countryName": "Channel Islands"
                    },
                    {
                        "countryName": "Europe"
                    },
                    {
                        "countryName": "Isle of Man"
                    },
                    {
                        "countryName": "Rest of the World"
                    },
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 50000000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Restricted procedure",
        "tenderPeriod": {
            "endDate": "2019-01-25T23:59:59Z"
        },
        "contractPeriod": {
            "startDate": "2019-07-01T00:00:00+01:00",
            "endDate": "2027-07-01T23:59:59+01:00"
        },
        "suitability": {
            "sme": false,
            "vcse": false
        },
        "mainProcurementCategory": "goods",
        "documents": [
            {
                "id": "1",
                "documentType": "tenderNotice",
                "description": "Opportunity notice on Contracts Finder",
                "url": "https://www.contractsfinder.service.gov.uk/Notice/689bf493-903a-4f14-be47-e44831cd7bf3",
                "datePublished": "2018-12-19T13:42:29Z",
                "format": "text/html",
                "language": "en"
            }
        ]
    },
    "parties": [
        {
            "id": "GB-CFS-99674",
            "name": "Bank of England",
            "identifier": {
                "legalName": "Bank of England"
            },
            "address": {
                "streetAddress": "Bank of England, Threadneedle Street",
                "locality": "London",
                "postalCode": "EC2R 8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "Fm.contracts@bankofengland.co.uk",
                "telephone": "+44 2034613000"
            },
            "details": {
                "url": "http://www.bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ]
        }
    ],
    "buyer": {
        "id": "GB-CFS-99674",
        "name": "Bank of England"
    }
}