Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Jun 2025 at 14:46

Summary of the contracting process

The Bank of England has successfully completed the procurement process for "Professional Technology Services," designated under the CPV code 72222000, which relates to information systems or technology strategic review and planning services. This procurement falls under the services category and was concluded with a contract awarded to COFORGE U.K. LIMITED. The project is located within England, United Kingdom, and was conducted using a selective procurement method as a call-off from an existing framework agreement. The contract period spanned from March 1, 2025, to September 20, 2025, with the value of the contract amounting to £348,520. The procurement stage is at the award phase, with the award announcement published on June 4, 2025.

This tender offers significant growth opportunities for large businesses experienced in delivering strategic technology services, particularly those with the capacity to engage in framework agreements. Such projects can enhance a company's portfolio and establish a working relationship with reputable organisations like the Bank of England. Though smaller enterprises and voluntary, community, and social enterprises were deemed unsuitable for this particular project, large-scale firms with extensive resources in the technology services domain stand to benefit considerably by participating in similar future opportunities.

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Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st March and 31st March 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-36f55a43-79de-4c17-82ce-aabd66595ffb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/2bdd84f8-f270-45de-8e94-a9cce0730e48
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

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£348,520 £100K-£500K
Lots Value
Not specified
Awards Value
£348,520 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jun 20258 months ago
Submission Deadline
17 Feb 2025Expired
Future Notice Date
Not specified
Award Date
1 Mar 202511 months ago
Contract Period
1 Mar 2025 - 20 Sep 2025 6-12 months
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
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

COFORGE

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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