Award

Research Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

18 Nov 2024 at 09:06

Award Notice
Summary of the contracting process

The procurement process initiated by the Bank of England for research services has been completed. The tender, classified under the CPV code 73210000 for research consultancy services, was conducted through a competitive quotation method below the threshold. The procurement was limited, targeting small and medium-sized enterprises (SMEs). The procurement, which took place in London, concluded with an award made on 19 August 2024. The contract period spans from 2 September 2024 to 2 December 2024, with a total value of £147,500. The primary contact for the Bank of England is Maneesh Sharma.

This tender presents significant business growth opportunities, particularly for SMEs specialising in research consultancy. Businesses that provide high-quality research services can leverage this type of public contract to expand their credentials and market presence. Given the targeted nature of the procurement process, competitive quotations, and the relative scale suitable for SMEs, businesses well-versed in delivering specialised consultancy services would find this contract an excellent opportunity to demonstrate their expertise and secure a notable client like the Bank of England.

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Notice Information

Notice Title

Research Services

Notice Description

Research Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-32ffec97-6ea0-4173-b4a0-92a568e1d816
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b8bdd915-dac5-45e8-b614-86b0b9a50942
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

73 - Research and development services and related consultancy services

CPV Codes

73210000 - Research consultancy services

Notice Value(s)

Tender Value
£147,500 £100K-£500K
Lots Value
Not specified
Awards Value
£147,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Nov 20241 years ago
Submission Deadline
12 Jul 2024Expired
Future Notice Date
Not specified
Award Date
18 Aug 20241 years ago
Contract Period
1 Sep 2024 - 2 Dec 2024 1-6 months
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
TLI London
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

CUSTOMER VALUE ENGINEERING (TRADING AS INTUITA CONSULTING

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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