Award

Valuation Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

18 Jan 2024 at 11:45

Summary of the contracting process

The Bank of England has awarded a contract for Valuation Advisory Services to Grant Thornton Limited. The procurement method used was selective, with a value of £85,000 GBP. The contract period started on July 10, 2023, and ended on August 31, 2023. The tender period ended on May 19, 2023. The Bank of England is located in London, England, and the procurement falls under the 'Business and management consultancy and related services' category.

This tender presents an opportunity for businesses providing consultancy services, particularly those in the valuation advisory sector, to compete for contracts with the Bank of England. Small and medium-sized enterprises (SMEs) are well-suited for this opportunity. Grant Thornton Limited, the awarded supplier, won the contract through a call-off from a framework agreement. Businesses interested in similar tenders should stay informed about upcoming procurement opportunities and meet the specified suitability criteria.

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Notice Title

Valuation Advisory Services

Notice Description

The Bank contract with Grant Thornton to conduct a valuation

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1896901d-2172-4255-8029-3b4b499dcf80
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8b05ea2a-e1d6-4b99-a5d6-116353c362c6
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

79 - Business services: law, marketing, consulting, recruitment, printing and security


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£85,000 Under £100K
Lots Value
Not specified
Awards Value
£85,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jan 20242 years ago
Submission Deadline
19 May 2023Expired
Future Notice Date
Not specified
Award Date
18 May 20232 years ago
Contract Period
9 Jul 2023 - 31 Aug 2023 1-6 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
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

GRANT THORNTON

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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