Award

Waste Management Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

15 Jul 2025 at 12:23

Summary of the contracting process

The Bank of England has completed a procurement process for Waste Management Services, focusing on the management of various waste streams at its sites. This procurement falls under the "Refuse and waste related services" industry category and covers locations across England, United Kingdom. The process, which utilised a direct procurement method known as Single Tender Action due to its below-threshold status, has advanced to the award stage, with the contract awarded on 30th September 2024. The contract, valued at £108,000, spans one year, ending on 29th September 2025.

This tender presents significant opportunities for growth for businesses specialising in waste management services, particularly those with expertise in handling segregated, ad-hoc, and hazardous waste. Given its suitability for small and medium enterprises (SMEs), companies of this scale could find this contract aligns well with their capabilities. Recipients of similar tenders could leverage such opportunities to expand their service offerings and client base within the financial sector, as demonstrated by the current supplier, Recorra Ltd, based in London.

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Notice Title

Waste Management Services

Notice Description

Provision of waste management of various waste streams at the Bank's sites including planned collection of segregated day to day waste generated on site, ad-hoc and hazardous waste as well as skip collections.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1add66dd-398d-467a-b8f8-2835480478a4
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b9186854-e81f-4aef-a9a6-c8042925e4f1
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

90 - Sewage, refuse, cleaning and environmental services


CPV Codes

90500000 - Refuse and waste related services

Notice Value(s)

Tender Value
£108,000 £100K-£500K
Lots Value
Not specified
Awards Value
£108,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Jul 20257 months ago
Submission Deadline
30 Aug 2024Expired
Future Notice Date
Not specified
Award Date
29 Sep 20241 years ago
Contract Period
29 Sep 2024 - 29 Sep 2025 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
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

RECORRA

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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