Award

Provision of Synthesia Studio Licenses

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

22 Sep 2025 at 14:20

Summary of the contracting process

The Bank of England has completed the procurement process for the provision of Synthesia Studio Licenses, valued at £30,058.85. The initiative falls under the 'Software package and information systems' industry category and was concluded with a contract running from 22nd June 2025 to 21st June 2026. The procurement method employed was a 'selective' approach through a call-off from a framework agreement. The process reached the 'Award' stage as of 22nd September 2025, with the key contractual obligations to be fulfilled within England, United Kingdom.

This tender presents strategic growth opportunities primarily for large firms like Softcat PLC, which was awarded the contract. Businesses specialising in software development, particularly those with existing framework agreements or expertise in information systems, would be well-suited to competing in similar procurement processes. The advanced procurement framework utilised by the Bank of England underlines the preference for reliable and established suppliers capable of delivering on contracts within the stipulated contractual period.

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Notice Title

Provision of Synthesia Studio Licenses

Notice Description

Provision of Synthesia Studio Licenses

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-37ebb35b-9a46-4c1d-a2af-6af85f0d062d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b47c835d-5b27-4b93-ab97-3aa25000cc82
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Goods
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

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£30,058 Under £100K
Lots Value
Not specified
Awards Value
£30,058 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Sep 20255 months ago
Submission Deadline
10 Jun 2025Expired
Future Notice Date
Not specified
Award Date
16 Jun 20258 months ago
Contract Period
21 Jun 2025 - 21 Jun 2026 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
020 3461 4878

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

SOFTCAT

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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