This public procurement record has 2 releases in its history.

AwardUpdate

02 Jul 2026 at 09:19

Award

02 Jul 2026 at 09:14

Summary of the contracting process

The Bank of England has completed a selective procurement process for the provision of data storage software licences, with the contract awarded to Softcat PLC. The procurement involved a call-off from a framework agreement and falls under the data storage services category (CPV code 72317000). This contract pertains to the delivery of services within England, United Kingdom. The tendering period concluded on 14 April 2026, and the contract is set to run from 26 June 2026 to 25 June 2027. The award was finalised on 10 June 2026 and officially published on 2 July 2026. The project is valued at £51,840.82, emphasising a significant investment in enhancing data storage solutions.

This procurement represents a lucrative opportunity for large-scale companies specialising in data storage services to work with a prestigious institution like the Bank of England. Given the scale of the contract, it is particularly suitable for well-established firms with a capacity to provide comprehensive data storage solutions. While this specific contract is awarded, businesses in this sector may benefit from monitoring similar opportunities, especially those tied to ongoing or framework agreements, to foster growth and establish strong public sector partnerships.

How relevant is this notice?

Notice Title

Provision of Data Storage Software licences

Notice Description

Provision of Data Storage Software licences

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1e200620-d7b7-4b58-a424-254eed0cafaf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2ce60f64-d745-4fe3-a227-3eaab2c04dee
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

72317000 - Data storage services

Notice Value(s)

Tender Value
£51,840 Under £100K
Lots Value
Not specified
Awards Value
£51,840 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
2 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
10 Jun 20263 months ago
Contract Period
26 Jun 2026 - 25 Jun 2027 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
Postcode Area
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

Softcat Plc

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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