Notice Information
Notice Title
RTGS Renewal
Notice Description
The Bank of England ("the Bank") wishes to renew its current Real Time Gross Settlement (RTGS) service. RTGS lies at the heart of UK payments, settling more than PS600bn of payments each working day. The RTGS infrastructure is over 20 years old and, despite its strong operational record, it needs to be modernised and developed to meet the needs of the future, safeguarding stability whilst enabling innovation. The Bank is seeking a Technology Delivery Partner (TDP) for the build, integration and support of the renewed RTGS system; including the design, build, integration and support of the replacement Core Settlement Engine (CSE) and designing and delivering the integration of the end to end replacement RTGS services. Through this procurement process the Bank is seeking to select a single TDP who can provide the following services*: - Application Development, including the design, build, test, integration and support of the Core Settlement Engine (CSE) - Systems Integration (End to end through the RTGS Ecosystem). - Application Maintenance - Application Support - Application Operations - Service management - Provision of technology products including software and related services. And has the capability to assist the Bank in - the management and delivery of projects and programmes - strategic planning and execution - innovation in the delivery of the services *This list of services is not finalised or exclusive and is subject to refinement through the course of the procurement process. It is anticipated that a maximum of five (5) Bidders will receive the invitation to participate in dialogue (ITP) following the Selection Questionnaire (SQ). Following initial dialogue and tender submission it is anticipated that (a maximum of) the three (3) highest scoring tenderers will be invited to continue to participate in dialogue (ITCP) which will be followed by Best and Final Offers (BAFO) submissions, the highest scoring of which will be the preferred bidder. RTGS is a key part of national infrastructure. It is the platform through which monetary policy decisions are implemented and provides liquidity to the financial system. The nature of the system means that strict security controls are deployed to protect RTGS and the renewed service. As such, the Bank will, where required, apply such measures throughout the procurement process as necessary (in accordance with Regulation 15(2) of the Public Contract Regulations 2015), to protect the essential security interests of the UK. Initially, in order to protect essential security interests in respect of RTGS (and in accordance with the ability for the Bank to impose requirements aimed at protecting the confidential nature of the information in the procurement documents) access to procurement documents (other than the SQ) is restricted to those Bidders who are invited to the next stage of the procurement process following evaluation of all responses to the SQ.
Notice Details
Publication & Lifecycle
- Open Contracting ID
- ocds-b5fd17-26d0bd3f-d004-4b53-af5f-fa49a59e48c8
- Publication Source
- Contracts Finder
- Latest Notice
- https://www.contractsfinder.service.gov.uk/Notice/7e7c241b-e1d2-4b00-8860-544f2f535fcb
- Current Stage
- Award
- All Stages
- Tender, Award
Procurement Classification
- Notice Type
- Award Notice
- Procurement Type
- Standard
- Procurement Category
- Services
- Procurement Method
- Selective
- Procurement Method Details
- Competitive dialog
- Tender Suitability
- Not specified
- Awardee Scale
- Large
Common Procurement Vocabulary (CPV)
- CPV Divisions
48 - Software package and information systems
72 - IT services: consulting, software development, Internet and support
-
- CPV Codes
48000000 - Software package and information systems
72000000 - IT services: consulting, software development, Internet and support
Notice Value(s)
- Tender Value
- £150,000,000 £100M-£1B
- Lots Value
- Not specified
- Awards Value
- £81,389,429 £10M-£100M
- Contracts Value
- Not specified
Notice Dates
- Publication Date
- 22 Sep 20205 years ago
- Submission Deadline
- 15 Mar 2019Expired
- Future Notice Date
- Not specified
- Award Date
- 28 Jul 20205 years ago
- Contract Period
- 29 Jul 2020 - 28 Jul 2027 Over 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
- Procurement Group
- Contact Email
- technology.contracts@bankofengland.gsi.gov.uk
- Contact Phone
- +44 2034613000
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
Further Information
Notice Documents
-
https://www.contractsfinder.service.gov.uk/Notice/7e7c241b-e1d2-4b00-8860-544f2f535fcb
22nd September 2020 - Awarded contract notice on Contracts Finder -
https://www.contractsfinder.service.gov.uk/Notice/8efca80d-32ee-41a9-b0b8-21aa2a222ad5
13th February 2019 - Opportunity notice on Contracts Finder -
https://www.contractsfinder.service.gov.uk/Notice/1e78f653-07f9-4d91-b950-beb14ba8f3f6
8th February 2019 - Opportunity notice on Contracts Finder
Notice URLs
Open Contracting Data Standard (OCDS)
View full OCDS Record for this contracting process
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.
{
"tag": [
"compiled"
],
"id": "ocds-b5fd17-26d0bd3f-d004-4b53-af5f-fa49a59e48c8-2020-09-22T16:56:02+01:00",
"date": "2020-09-22T16:56:02+01:00",
"ocid": "ocds-b5fd17-26d0bd3f-d004-4b53-af5f-fa49a59e48c8",
"language": "en",
"initiationType": "tender",
"tender": {
"id": "BOE001-DN389839-33538316",
"title": "RTGS Renewal",
"description": "The Bank of England (\"the Bank\") wishes to renew its current Real Time Gross Settlement (RTGS) service. RTGS lies at the heart of UK payments, settling more than PS600bn of payments each working day. The RTGS infrastructure is over 20 years old and, despite its strong operational record, it needs to be modernised and developed to meet the needs of the future, safeguarding stability whilst enabling innovation. The Bank is seeking a Technology Delivery Partner (TDP) for the build, integration and support of the renewed RTGS system; including the design, build, integration and support of the replacement Core Settlement Engine (CSE) and designing and delivering the integration of the end to end replacement RTGS services. Through this procurement process the Bank is seeking to select a single TDP who can provide the following services*: - Application Development, including the design, build, test, integration and support of the Core Settlement Engine (CSE) - Systems Integration (End to end through the RTGS Ecosystem). - Application Maintenance - Application Support - Application Operations - Service management - Provision of technology products including software and related services. And has the capability to assist the Bank in - the management and delivery of projects and programmes - strategic planning and execution - innovation in the delivery of the services *This list of services is not finalised or exclusive and is subject to refinement through the course of the procurement process. It is anticipated that a maximum of five (5) Bidders will receive the invitation to participate in dialogue (ITP) following the Selection Questionnaire (SQ). Following initial dialogue and tender submission it is anticipated that (a maximum of) the three (3) highest scoring tenderers will be invited to continue to participate in dialogue (ITCP) which will be followed by Best and Final Offers (BAFO) submissions, the highest scoring of which will be the preferred bidder. RTGS is a key part of national infrastructure. It is the platform through which monetary policy decisions are implemented and provides liquidity to the financial system. The nature of the system means that strict security controls are deployed to protect RTGS and the renewed service. As such, the Bank will, where required, apply such measures throughout the procurement process as necessary (in accordance with Regulation 15(2) of the Public Contract Regulations 2015), to protect the essential security interests of the UK. Initially, in order to protect essential security interests in respect of RTGS (and in accordance with the ability for the Bank to impose requirements aimed at protecting the confidential nature of the information in the procurement documents) access to procurement documents (other than the SQ) is restricted to those Bidders who are invited to the next stage of the procurement process following evaluation of all responses to the SQ.",
"datePublished": "2019-02-08T11:48:24Z",
"status": "complete",
"classification": {
"scheme": "CPV",
"id": "48000000",
"description": "Software package and information systems"
},
"additionalClassifications": [
{
"scheme": "CPV",
"id": "72000000",
"description": "IT services: consulting, software development, Internet and support"
}
],
"items": [
{
"id": "1",
"deliveryAddresses": [
{
"countryName": "British Oversea Territories"
},
{
"countryName": "Channel Islands"
},
{
"countryName": "Europe"
},
{
"countryName": "Isle of Man"
},
{
"countryName": "Rest of the World"
},
{
"countryName": "United Kingdom"
},
{
"countryName": "British Oversea Territories"
},
{
"countryName": "Channel Islands"
},
{
"countryName": "Europe"
},
{
"countryName": "Isle of Man"
},
{
"countryName": "Rest of the World"
},
{
"countryName": "United Kingdom"
},
{
"countryName": "British Oversea Territories"
},
{
"countryName": "Channel Islands"
},
{
"countryName": "Europe"
},
{
"countryName": "Isle of Man"
},
{
"countryName": "Rest of the World"
},
{
"countryName": "United Kingdom"
}
]
}
],
"value": {
"amount": 150000000,
"currency": "GBP"
},
"procurementMethod": "selective",
"procurementMethodDetails": "Competitive dialog",
"tenderPeriod": {
"endDate": "2019-03-15T00:00:00Z"
},
"contractPeriod": {
"startDate": "2020-05-11T00:00:00+01:00",
"endDate": "2036-05-10T23:59:59+01:00"
},
"suitability": {
"sme": false,
"vcse": false
},
"mainProcurementCategory": "services",
"documents": [
{
"id": "1",
"documentType": "tenderNotice",
"description": "Opportunity notice on Contracts Finder",
"url": "https://www.contractsfinder.service.gov.uk/Notice/1e78f653-07f9-4d91-b950-beb14ba8f3f6",
"datePublished": "2019-02-08T11:48:24Z",
"format": "text/html",
"language": "en"
},
{
"id": "2",
"documentType": "tenderNotice",
"description": "Opportunity notice on Contracts Finder",
"url": "https://www.contractsfinder.service.gov.uk/Notice/8efca80d-32ee-41a9-b0b8-21aa2a222ad5",
"datePublished": "2019-02-13T16:35:52Z",
"format": "text/html",
"language": "en"
}
]
},
"parties": [
{
"id": "GB-CFS-151735",
"name": "Bank of England",
"identifier": {
"legalName": "Bank of England"
},
"address": {
"streetAddress": "Threadneedle Street",
"locality": "London",
"postalCode": "EC2R 8AH",
"countryName": "England"
},
"contactPoint": {
"name": "Procurement Group",
"email": "Technology.Contracts@bankofengland.gsi.gov.uk",
"telephone": "+44 2034613000"
},
"details": {
"url": "http://www.bankofengland.co.uk"
},
"roles": [
"buyer"
]
},
{
"id": "GB-CFS-151736",
"name": "Accenture (UK) Ltd",
"identifier": {
"legalName": "Accenture (UK) Ltd"
},
"address": {
"streetAddress": "London"
},
"details": {
"scale": "large",
"vcse": false
},
"roles": [
"supplier"
]
}
],
"buyer": {
"id": "GB-CFS-151735",
"name": "Bank of England"
},
"awards": [
{
"id": "ocds-b5fd17-26d0bd3f-d004-4b53-af5f-fa49a59e48c8-1",
"status": "active",
"date": "2020-07-29T00:00:00+01:00",
"datePublished": "2020-09-22T16:56:02+01:00",
"value": {
"amount": 81389429,
"currency": "GBP"
},
"suppliers": [
{
"id": "GB-CFS-151736",
"name": "Accenture (UK) Ltd"
}
],
"contractPeriod": {
"startDate": "2020-07-30T00:00:00+01:00",
"endDate": "2027-07-28T23:59:59+01:00"
},
"documents": [
{
"id": "1",
"documentType": "awardNotice",
"description": "Awarded contract notice on Contracts Finder",
"url": "https://www.contractsfinder.service.gov.uk/Notice/7e7c241b-e1d2-4b00-8860-544f2f535fcb",
"datePublished": "2020-09-22T16:56:02+01:00",
"format": "text/html",
"language": "en"
}
]
}
]
}