Award

Renewal of Moody's Ratings Direct Service

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Nov 2022 at 10:39

Summary of the contracting process

The Bank of England has awarded a contract for the renewal of Moody's Ratings Direct Service. The contract falls under the services category and uses a direct procurement method through a single tender action. The contract value is £268,920 in GBP, with a contract period from December 1, 2021, to November 30, 2024. The tender was awarded on November 10, 2021, with the tender period ending on November 9, 2021, at 17:00 GMT. The buying organization is the Bank of England located in London, England.

This procurement process presents an opportunity for businesses looking to provide software package and information systems services as the contract involves the renewal of Moody's Ratings Direct Service. Businesses with expertise in this industry category and experience in direct procurement methods are well-suited to compete for such tenders. Potential suppliers should take note of the contract period and the location of the buying organization, the Bank of England, to effectively engage in this procurement process for business growth.

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Notice Title

Renewal of Moody's Ratings Direct Service

Notice Description

Renewal of Moody's Ratings Direct Service (RDS)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-1e2fed87-cd34-4ea2-a004-f2b4f92ac5f6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e9e933c8-40ec-4f2b-ac1b-2c4d13e4cb26
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£268,920 £100K-£500K
Lots Value
Not specified
Awards Value
£268,920 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Nov 20223 years ago
Submission Deadline
9 Nov 2021Expired
Future Notice Date
Not specified
Award Date
10 Nov 20214 years ago
Contract Period
1 Dec 2021 - 30 Nov 2024 3-4 years
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

MOODY'S ANALYTICS

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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