This public procurement record has 1 release in its history.

Award

26 Oct 2026 at 10:01

Summary of the contracting process

The Bank of England procured Oracle database licences and 18 months of support, funded through a pool of funds. This is a software licensing and support requirement, classified as IT services (CPV 72000000). The buying organisation is the Bank of England, based at Threadneedle Street in London. The procurement describes one requirement for delivery in the United Kingdom; it does not break the purchase into separate lots. The scope combines database licensing with support, rather than a broader IT consulting or software development project.

The procurement is complete and was awarded to Oracle Corporation UK Limited. The award date was 1 October 2026, and the contract period runs from 14 October 2026 to 30 March 2028. The awarded value is £1,810,418.33. The Bank used a selective procedure as a call-off from a framework agreement. The tender deadline was 1 October 2026 at 5pm. The process is recorded as a single requirement, with no lot-by-lot awards. The published procurement information identifies the selected supplier and contract scope, but does not set out an evaluation weighting or detailed award criteria.

For suppliers competing when the Bank of England’s Oracle database requirement next reaches the market, this award demonstrates demand for enterprise database licences bundled with support, with support delivered over an 18-month period. A credible competitor would need the ability to supply Oracle licensing and provide the associated support as a single package, and to operate at a scale suited to a large public-sector buyer. The purchase was made through a framework call-off, so suppliers seeking comparable work would need access to an appropriate framework route and the capability to compete within its terms. This was a substantial software licensing and support requirement, rather than a general IT services assignment.

How relevant is this notice?

Notice Information

Notice Title

Oracle Database Licences and Support 2026 - 2028

Notice Description

The provision of Oracle Licenses and 18 Months support via Pool of Funds

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-36c5a4b6-e957-4068-ac64-e7a72ddd64dc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/302a153f-5b95-43e8-a24e-46ee2eac9152
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£1,810,418 £1M-£10M
Lots Value
Not specified
Awards Value
£1,810,418 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Oct 2026Today
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
1 Oct 20263 weeks ago
Contract Period
14 Oct 2026 - 30 Mar 2028 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
Postcode Area
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

Oracle Corporation UK Limited

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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