Award

Technology Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

28 Oct 2024 at 10:50

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for Technology Services, classified under IT services: consulting, software development, Internet and support (CPV code: 72000000). This tender, part of a call-off from a framework agreement, involves the provision of services within England, United Kingdom. The procurement method used was selective, and the procurement stage is at the "award" phase. The contract has a value of £34,000 and is set to run from 1st August 2024 to 15th August 2024. Key dates include the end of the tender period on 30th July 2024 and the award date on 28th October 2024.

This tender creates significant opportunities for small and medium-sized enterprises (SMEs) specialising in IT consulting, software development, internet services, and support, despite it being fulfilled by a large supplier, PwC LLP. Businesses capable of providing comprehensive and tailored technology solutions will find this contract type advantageous. The engagement with the prestigious Bank of England can also boost the credentials and market visibility of the participating businesses, potentially leading to further opportunities within the financial sector and beyond.

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Notice Information

Notice Title

Technology Services

Notice Description

Provision of Technology Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-19da17fe-07c1-44c7-8297-2b2fe2e28478
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c7c3f23b-3c1c-4a87-a99e-56728ca5bb03
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

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
£34,000 Under £100K
Lots Value
Not specified
Awards Value
£34,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Oct 20241 years ago
Submission Deadline
30 Jul 2024Expired
Future Notice Date
Not specified
Award Date
31 Jul 20241 years ago
Contract Period
31 Jul 2024 - 15 Aug 2024 30 days
Recurrence
Not specified

Notice Status

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

Buyer & Supplier

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
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

PWC

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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