Award

Point of sale proof of concept consultancy services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Jan 2023 at 18:15

Summary of the contracting process

The Bank of England has awarded a contract for Point of Sale Proof of Concept Consultancy Services to Hyperion Systems Ltd. The contract is part of the bank's CBDC Programme and was tendered using a selective procurement method. The contract value is £121,825 GBP, with a contract period running from October 7, 2022, to March 6, 2023, and the tender closed on September 23, 2022.

This tender for consultancy services could present business growth opportunities for IT services and consulting firms interested in working with the Bank of England on the delivery of a Point of Sale Proof of Concept Prototype. Small and medium-sized enterprises (SMEs) would be well-suited to compete for this contract considering the SME suitability indicated. The location for service delivery is in England, UK.

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Notice Title

Point of sale proof of concept consultancy services

Notice Description

Provision of consultancy services to deliver a Point of Sale (POS) Proof of Concept Prototype as part of the Bank's CBDC Programme. This is a call-off contract under the Crown Commercial Service Payment Acceptance Framework (RM6118, Lot 7).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3a069b14-8b44-4b2a-a74f-47066097e3fb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a5cb104a-174b-41d1-83fa-ce22a86ffd2b
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
SME
Awardee Scale
SME

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
£121,825 £100K-£500K
Lots Value
Not specified
Awards Value
£121,825 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Jan 20233 years ago
Submission Deadline
23 Sep 2022Expired
Future Notice Date
Not specified
Award Date
6 Oct 20223 years ago
Contract Period
6 Oct 2022 - 6 Mar 2023 1-6 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

HYPERION SYSTEMS

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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