Award

Swift Support Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

21 Jan 2025 at 08:48

Summary of the contracting process

The Bank of England recently completed a tender process titled "Swift Support Services" to procure IT consultancy and support services. The awarded contract will be executed in England, United Kingdom, targeting the IT services industry (CPV code: 72000000). This contract, with a value of GBP 248,500, was procured through a selective method under a call-off contract from the Crown Commercial Services Technology Products and associated services framework (reference RM6068). The procurement process culminated in an award on 16th December 2023, with the contract period starting on 23rd December 2023 and ending on 20th December 2024.

This tender presents significant opportunities for firms in the IT services sector to enhance their business portfolios by engaging with prestigious clients like the Bank of England. Companies specialising in IT consulting, software development, Internet and support services, notably those capable of operating at a similar scale to Softcat PLC, the current supplier, would be well-suited to compete in such selective procurement processes. The nature of call-off contracts from framework agreements can offer businesses a streamlined pathway to securing substantial government contracts, fostering growth and stability.

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Notice Title

Swift Support Services

Notice Description

Provision of Swift support services which was procured from Softcat PLC. This is a call-off contract under the Crown Commercial Services Technology Products and associated services, reference RM6068.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-17840e62-bc64-40f0-b93c-0da7bc930ca9
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/50aff788-f206-4072-9366-fd68526a5ad6
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

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£248,500 £100K-£500K
Lots Value
Not specified
Awards Value
£248,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jan 20251 years ago
Submission Deadline
20 Nov 2023Expired
Future Notice Date
Not specified
Award Date
16 Dec 20232 years ago
Contract Period
23 Dec 2023 - 20 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

SOFTCAT

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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