Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

15 Apr 2025 at 15:02

Award Notice
Award

15 Apr 2025 at 12:51

Award Notice
Summary of the contracting process

The Bank of England has successfully completed the procurement process for the provision of professional technology services, titled "Professional technology services." The awarded contract relates to information systems or technology strategic review and planning services and falls under the Technology Support Services Framework. This selective procurement was completed through a call-off from a framework agreement, with the tender process closing on 20th January 2025. The contract period spans from 27th January 2025 to 30th April 2025, and the total contract value is £243,406. The procurement was categorised under services, and the primary location for delivery is within the EC2R 8AH postal code of London, England.

This tender presents significant opportunities for large-scale technology firms specialising in strategic IT review and planning services. The award was granted to Credera Limited, a large enterprise based in London, illustrating that well-established companies are well-suited to compete in such tenders. Businesses engaging in similar frameworks can leverage this opportunity to demonstrate their capabilities in high-value, strategic technology projects commissioned by prominent public sector organisations like the Bank of England.

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Notice Information

Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st Jan and 28th Feb 2025

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1c599e97-814b-4095-82e6-65b9eaf44db8
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/34af7549-5630-4310-925f-f7cfe85311d3
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

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£243,406 £100K-£500K
Lots Value
Not specified
Awards Value
£243,406 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
15 Apr 202510 months ago
Submission Deadline
20 Jan 2025Expired
Future Notice Date
Not specified
Award Date
27 Jan 20251 years ago
Contract Period
27 Jan 2025 - 30 Apr 2025 1-6 months
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
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

CREDERA

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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