Award

Property Project Management Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

08 Dec 2025 at 16:39

Award Notice
Summary of the contracting process

The procurement process initiated by the Bank of England for 'Property Project Management Services' has reached the award stage. This contract, classified under the project management consultancy services industry, involves managing property projects across various regions of the United Kingdom, including England, Scotland, Wales, and Northern Ireland. The procurement was conducted through a selective method as a call-off from a framework agreement. The contract period is set from 1st July 2025 to 1st July 2029, with the conclusive award date being 5th June 2025. The tender's total value is £5,068,111.61.

This tender presents significant opportunities for businesses that specialise in project management consultancy services, especially those adept at managing expansive geographical projects. Although the procurement does not highlight suitability for small and medium enterprises (SMEs) or voluntary, community and social enterprises (VCSEs), larger scale companies like AECOM Limited, which has been awarded this contract, are evidently best positioned to compete. With a four-year contract duration, this tender can provide substantial growth and continuity for businesses in the consultancy sector.

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Notice Information

Notice Title

Property Project Management Services

Notice Description

Property Project Management Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-26022f44-fc7d-4f9c-8c6e-95eef325d92d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4068af73-1744-4409-9a58-7a8076119123
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

72224000 - Project management consultancy services

Notice Value(s)

Tender Value
£5,068,111 £1M-£10M
Lots Value
Not specified
Awards Value
£5,068,111 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Dec 20252 months ago
Submission Deadline
28 Mar 2025Expired
Future Notice Date
Not specified
Award Date
4 Jun 20258 months ago
Contract Period
30 Jun 2025 - 1 Jul 2029 4-5 years
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
TLC North East (England), TLD North West (England), TLE Yorkshire and The Humber, TLF East Midlands (England), TLG West Midlands (England), TLH East (England), TLI London, TLJ South East (England), TLK South West (England), TLL Wales, TLM Scotland, TLN Northern Ireland
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

AECOM

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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