Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

08 Jul 2025 at 15:28

Summary of the contracting process

The Bank of England recently concluded a procurement process under the Technology Support Services Framework, focusing on the provision of professional technology services. The procurement, categorised under Information systems or technology strategic review and planning services (CPV code: 72222000), was awarded on 1st May 2025 to Cognizant Worldwide Limited and is valued at £798,415. Operating within England, this contract spans from 1st May 2025 to 30th April 2026. The procurement followed a selective approach via a call-off from a framework agreement, and the process is currently at the award stage. Notably, the tender period concluded on 24th April 2025.

This procurement offers significant opportunities for businesses specialising in technology services, particularly those with capabilities in strategic review and planning within the technology sector. Large enterprises, such as Cognizant Worldwide Limited, which was the successful supplier, may find this type of contract particularly beneficial due to the scope and scale required. The selective method of the procurement suggests a preference for experienced vendors with a proven track record in framework agreements, thereby making it a valuable opportunity for established organisations to leverage their expertise in the market.

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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 May and 31st May 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3aa95971-5ce9-4a19-9b84-a85378f0da81
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/92c8c5a4-1b20-4b33-a578-c286d5765a6a
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
£798,415 £500K-£1M
Lots Value
Not specified
Awards Value
£798,415 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
8 Jul 20257 months ago
Submission Deadline
24 Apr 2025Expired
Future Notice Date
Not specified
Award Date
30 Apr 20259 months ago
Contract Period
30 Apr 2025 - 30 Apr 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
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

COGNIZANT WORLDWIDE

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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