Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Jun 2025 at 15:16

Summary of the contracting process

The Bank of England, as the buying organisation, has completed a selective procurement process titled "Professional technology services", classified under the industry category for Information systems or technology strategic review and planning services (CPV 72222000). The contract was awarded as part of the Technology Support Services Framework and involved a call-off from a framework agreement. Located in England, this procurement stage has concluded with the award effective from 28th March 2025 until 28th September 2025. The procurement process spanned a tender period ending on 21st March 2025 with a contract value of £95,499 GBP. The procurement process focused on professional technology services and was classified under the services category.

This tender presents significant opportunities for large-scale businesses involved in technology services to engage with and provide expertise to the Bank of England. Given the selective nature of the procurement and its alignment with the Technology Support Services Framework, businesses that specialise in technology strategic review and planning are well-positioned to compete for similar projects or to engage with ongoing framework contracts. While the current process is complete, understanding its structure can prepare businesses to operate within frameworks and leverage strategic opportunities in governmental technology support services. ITC Infotech Limited, as the successful supplier, exemplifies the type of large, established firm suited to meet such sophisticated technological demands.

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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 March and 31st March 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-20a19cb2-fcfb-4a34-a3f9-6968ad9d0cdf
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2b571e54-b9c6-4147-b1e7-f64e7fb43a84
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
£95,499 Under £100K
Lots Value
Not specified
Awards Value
£95,499 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jun 20258 months ago
Submission Deadline
21 Mar 2025Expired
Future Notice Date
Not specified
Award Date
28 Mar 202511 months ago
Contract Period
28 Mar 2025 - 28 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

ITC INFOTECH

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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