Award

Cost Management Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

30 Oct 2024 at 12:06

Award Notice
Summary of the contracting process

The BANK OF ENGLAND has awarded a contract for "Cost Management Services" under the industry category of Quantity surveying services (CPV code: 71324000). This procurement process was initiated as a direct procurement method, specifically a single tender action below threshold. The contract is valued at £161,856 and was awarded to Gardiner & Theobald LLP. Key dates include the end of the tender period on 3 June 2024, the award date of 3 June 2024, and the contract period from 10 June 2024 to 1 March 2026. The services will be delivered at the BANK OF ENGLAND's location in London, postcode EC2R 8AH.

This tender presents growth opportunities particularly for SMEs due to its alignment with the suitability criteria for small and medium-sized enterprises. Companies specialising in quantity surveying and cost management services can leverage this contract to expand their portfolio and gain a prestigious client in the form of the Bank of England. Furthermore, businesses able to manage comprehensive cost-related services within a financially constrained and high-profile institutional environment will find this tender particularly beneficial.

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Notice Information

Notice Title

Cost Management Services

Notice Description

Provision of Cost Management services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-290e6cd6-7322-4cff-86ba-728942cbfd7e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dd4458f4-440e-4ec2-aa5c-8c464107503b
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71324000 - Quantity surveying services

Notice Value(s)

Tender Value
£161,856 £100K-£500K
Lots Value
Not specified
Awards Value
£161,856 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
30 Oct 20241 years ago
Submission Deadline
3 Jun 2024Expired
Future Notice Date
Not specified
Award Date
2 Jun 20241 years ago
Contract Period
9 Jun 2024 - 1 Mar 2026 1-2 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
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

GARDINER & THEOBALD

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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