Award

Apprenticeship Delivery Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Mar 2025 at 09:29

Summary of the contracting process

The Bank of England has awarded a contract for "Apprenticeship Delivery Services" under the industry category of education and training services (CPV code 80000000). The contract covers services to be rendered across England, United Kingdom, with a total procurement value of £50,000. This procurement process, categorised as a competitive quotation (below threshold), reached the award stage on 29th January 2025. Key dates include the tender period ending on 15th January 2025, and the contract running from 3rd February 2025 to 2nd February 2028, with an initial 24-month period plus an optional 12 months extension. The procurement was guided with the involvement of SMEs in mind, though it was not specified for voluntary, community, and social enterprises (VCSEs).

This tender presents significant opportunities for businesses specialising in apprenticeship delivery and educational services. Given the contract is under a no-commitment basis and leverages the Bank's apprenticeship levy, it suits companies aiming to expand their services within the educational sector without a direct invoicing requirement. SMEs in particular would find this tender beneficial due to its alignment with small and medium enterprise suitability criteria. The awarded supplier, AssistKD, stands as a prime example of the type of business well-suited for this opportunity, which can lead to substantial business growth through extended engagement with the Bank of England.

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Notice Title

Apprenticeship Delivery Services

Notice Description

To provide Apprenticeship Delivery Services. The length of the contract is set out as 24 months + optional 12 months. This maximum contract value is awarded on a no commitment basis and is payable via the Bank's apprenticeship levy (the Bank is not invoiced directly for these services).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-2ca4da97-b61e-49cf-ab67-ece6b1eb5eeb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/59e0262b-c525-46b5-b44e-d718402d5487
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
£50,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Mar 202511 months ago
Submission Deadline
15 Jan 2025Expired
Future Notice Date
Not specified
Award Date
29 Jan 20251 years ago
Contract Period
3 Feb 2025 - 2 Feb 2028 2-3 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
Not specified
Contact Email
corporate.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

ASSISTKD

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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