This public procurement record has 1 release in its history.

Award

29 Jul 2026 at 14:20

Summary of the contracting process

The Bank of England has completed a public procurement process for "Telephony Managed Services," which falls under the Telecommunications services industry category. This procurement involved a selective process, specifically a call-off from a framework agreement. The services are to be provided within the United Kingdom, with the contract commencing on 1st December 2026 and concluding on 30th November 2033. The total contract value is £4,743,000, as awarded on 30th June 2026. This award stage indicates the successful conclusion of the tender phase, making 4Net Technologies Ltd the supplier responsible for delivering the managed telephony services.

This tender presents significant business opportunities, particularly for large enterprises skilled in telecommunications services. With a substantial contract value, the project promises long-term engagement, paving the way for business expansion and steady revenue flow over a seven-year period. Companies with expertise in call recording, voice infrastructure, and service management may find this tender appealing. While it specifically targets large companies, there is also a noted suitability for SMEs, which may provide subcontracting opportunities or joint ventures for smaller entities looking to collaborate with the primary supplier, 4Net Technologies Ltd.

How relevant is this notice?

Notice Title

Telephony Managed Services

Notice Description

Award of a 5+1+1 year contract for Managed Telephony Services, including call recording, voice infrastructure, service management, support and associated professional services.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-281b8abf-d5e8-4a50-b929-bb152b5dd62d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b20bfc09-85e7-4ef2-994f-4733bfe87715
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

64 - Postal and telecommunications services


CPV Codes

64200000 - Telecommunications services

Notice Value(s)

Tender Value
£4,743,000 £1M-£10M
Lots Value
Not specified
Awards Value
£4,743,000 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20261 weeks ago
Submission Deadline
19 Nov 2025Expired
Future Notice Date
Not specified
Award Date
29 Jun 20261 months ago
Contract Period
1 Dec 2026 - 30 Nov 2033 Over 5 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
Not specified

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

4NET TECHNOLOGIES

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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-b5fd17-281b8abf-d5e8-4a50-b929-bb152b5dd62d-2026-07-29T15:20:58+01:00",
    "date": "2026-07-29T15:20:58+01:00",
    "ocid": "ocds-b5fd17-281b8abf-d5e8-4a50-b929-bb152b5dd62d",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1002195",
        "title": "Telephony Managed Services",
        "description": "Award of a 5+1+1 year contract for Managed Telephony Services, including call recording, voice infrastructure, service management, support and associated professional services.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "64200000",
            "description": "Telecommunications services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 4743000,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2025-11-19T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2026-12-01T00:00:00Z",
            "endDate": "2033-11-30T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Technology Contracts",
                "email": "Technology.Contracts@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-05448638",
            "name": "4Net Technologies Ltd",
            "identifier": {
                "legalName": "4Net Technologies Ltd",
                "scheme": "GB-COH",
                "id": "05448638"
            },
            "address": {
                "streetAddress": "3 Scholar Green Road, Manchester, M32 0TR"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-281b8abf-d5e8-4a50-b929-bb152b5dd62d-1",
            "status": "active",
            "date": "2026-06-30T00:00:00+01:00",
            "datePublished": "2026-07-29T15:20:58+01:00",
            "value": {
                "amount": 4743000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-05448638",
                    "name": "4Net Technologies Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2026-12-01T00:00:00Z",
                "endDate": "2033-11-30T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/b20bfc09-85e7-4ef2-994f-4733bfe87715",
                    "datePublished": "2026-07-29T15:20:58+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}