Award

Legal Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

23 Dec 2024 at 15:55

Award Notice
Summary of the contracting process

The procurement process conducted by the Bank of England for Legal Services, classified under the industry category of legal services (CPV: 79100000), is now in the Award stage. The project, located in the United Kingdom, concluded its tender period on 10th June 2024, with the contract period running from 31st July 2024 to 30th July 2025. The procurement method used was a direct, single tender action (below threshold), which resulted in the award value of GBP 156,000 being granted to Eversheds Sutherland LLP. The awarded contract was officially published on 23rd December 2024.

This tender creates significant opportunities for legal firms looking to establish or expand their footprint in the public sector, particularly those classified as small and medium-sized enterprises (SMEs), as the process displayed a preference for such businesses. Eversheds Sutherland LLP, as the successful supplier, exemplifies the potential for smaller legal firms to secure substantial government contracts. This opportunity is well-suited for SMEs specialising in legal services that can provide robust support and meet the specific legal needs outlined by prestigious institutions like the Bank of England.

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Notice Information

Notice Title

Legal Services

Notice Description

Legal Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-384581ee-8688-4ec4-8f09-1ce4672183c2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/feffb17a-4b01-4767-95f0-875d614e9a60
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
Not specified
Lots Value
Not specified
Awards Value
£156,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
23 Dec 20241 years ago
Submission Deadline
10 Jun 2024Expired
Future Notice Date
Not specified
Award Date
9 Jun 20241 years ago
Contract Period
30 Jul 2024 - 30 Jul 2025 6-12 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
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

EVERSHEDS SUTHERLAND

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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