Award

Technology Transformation & Delivery Framework Contract Award - TECH-178

BANK OF ENGLAND

This public procurement record has 6 releases in its history.

Award

11 Dec 2025 at 15:51

TenderAmendment

19 Mar 2025 at 20:51

TenderAmendment

20 Feb 2025 at 10:09

TenderAmendment

19 Feb 2025 at 14:21

TenderAmendment

19 Feb 2025 at 10:25

Tender

17 Feb 2025 at 14:48

Summary of the contracting process

The Bank of England has awarded a contract for the Technology Transformation & Delivery Framework (TECH-178), which is a multi-lot, multi-supplier framework agreement supporting the Bank's Technology Directorate. The procurement falls under the 'IT services: consulting, software development, Internet and support' category, centered around services at the Bank's premises in London or off-site as necessary. The award was made on 20th October 2025, with the framework contract set to cover a four-year period from 5th December 2025 to 4th December 2029. The procurement followed a selective method through a restricted procedure above the threshold, ensuring comprehensive supplier engagement across various lots with participants such as Accenture, Capgemini, and Cognizant among others.

This procurement process offers sterling opportunities for large enterprises capable of delivering comprehensive IT services and consultancy, as evidenced by the framework's established vendors. While the framework does not commit to a minimum spend, the overall potential value of £180 million indicates substantial business growth opportunities for successful suppliers during the contract's duration. The framework is particularly suitable for large IT consultancies with expertise in infrastructure, platform services, and data services, positioning them well to support critical functions and innovations within the Bank's technological infrastructure. Companies offering robust services in architecture, transformation, and advisory are also likely to find significant avenues for engagement and growth within this framework.

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Notice Title

Technology Transformation & Delivery Framework Contract Award - TECH-178

Notice Description

Award of the Technology Transformation & Delivery Framework (TDF). The contracts are a multi-lot, multi-supplier framework agreement for the provision of services to support the various functions of the Bank's Technology Directorate. The appointed suppliers will provide project delivery services both on-site at the Bank's premises as well as off-site where appropriate. The TDF Framework contract will be in place for four years. There is no committed spend. Lot 1 - Infrastructure Services - Accenture, Capgemini, Cognizant, Virtusa. Lot 2 - Platform Services - Accenture, Capgemini, Cognizant, Version 1. Lot 3 - Recruit, Train, Deploy - Coforge, FDM, La Fosse, Peregrine, Resource Solutions. Lot 4 - Enterprise Services - Accenture, Capgemini, Civica, Coforge, Cognizant, Mastek. Lot 5 - Product Delivery and Management - Accenture, Capgemini, Cognizant. Lot 6 - Data Services - Accenture, Baringa, Capgemini, Cognizant, Version 1. Lot 7 - Architecture, Transformation and Advisory - Accenture, Baringa, Capgemini, CGI, Credera, PA Consulting,

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-17a1195a-99b7-4535-934c-c6c0eb5a26a1
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cefcd269-5048-43ce-a7bd-5d5ece3a54a8
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

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


CPV Codes

48000000 - Software package and information systems

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

Notice Value(s)

Tender Value
£180,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£180,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
11 Dec 20252 months ago
Submission Deadline
21 Jul 2025Expired
Future Notice Date
Not specified
Award Date
19 Oct 20254 months ago
Contract Period
5 Dec 2025 - 4 Dec 2029 4-5 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
16
Supplier Names

ACCENTURE (UK

BARINGA PARTNERS

CAPGEMINI

CGI IT

CIVICA

COFORGE

COGNIZANT WORLDWIDE

CREDERA

FDM GROUP

LA FOSSE ASSOCIATES

MASTEK (UK

PA CONSULTING SERVICES

PEREGRINE INTERNATIONAL

RESOURCE SOLUTIONS WORKFORCE MANAGEMENT LIMITED (TRADING AS ROBE

VERSION 1 SOLUTIONS

VIRTUSA CONSULTING & SERVICES

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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