Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

19 Aug 2024 at 15:43

Award Notice
Summary of the contracting process

The Bank of England has undertaken a contracting process for Advisory Services specifically for the Notes Directorate. This tender falls under the Construction Consultancy Services category within the services industry. The location for the service delivery is in England, United Kingdom. The procurement proceeded through a limited method and adhered to competitive quotation protocols below the threshold. The contracting process, now complete, concluded with an award date of 30th May 2024. The contract commenced on 13th June 2024 and is set to end on 1st October 2024, involving a total value of £111,674.81.

This procurement opportunity presents significant business growth prospects, especially for SMEs specialising in advisory and consultancy services within the construction industry. Companies like Pick Everard, a large-scale supplier, have already been successful in securing this contract, illustrating the potential for well-established and qualified firms to enhance their portfolio. Given the engagement duration and the prestige of dealing with a renowned institution like the Bank of England, this tender creates a lucrative opportunity for businesses that can deliver high-quality, efficient consultancy services.

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Notice Information

Notice Title

Advisory Services

Notice Description

Advisory Services for Notes Directorate

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-35373d6b-7739-484a-94c8-f45b4181390b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/40dc0f0e-a8c2-44b5-8b38-4163cabb07cc
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

71 - Architectural, construction, engineering and inspection services

CPV Codes

71530000 - Construction consultancy services

Notice Value(s)

Tender Value
£111,674 £100K-£500K
Lots Value
Not specified
Awards Value
£111,674 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20241 years ago
Submission Deadline
30 Apr 2024Expired
Future Notice Date
Not specified
Award Date
29 May 20241 years ago
Contract Period
12 Jun 2024 - 1 Oct 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
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

PICK EVERARD

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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