Award

Coaching & Training Services

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

16 Jan 2025 at 15:35

Award

01 Jul 2024 at 11:24

Summary of the contracting process

The Bank of England has awarded a contract for Coaching and Training Services under the title "Coaching & Training Services" in the industry category of coaching services (CPV: 79998000). The procurement process utilised a selective method through a call-off from a dynamic purchasing system. The contract, initially valued at £595,200, has been extended with an increased value now totalling £661,717. The contract, set to commence on 1st March 2024, has a revised end date of 30th May 2026. Key dates include the tender end date on 1st February 2024 and the award date on the same day. The services will be delivered within England, United Kingdom.

This tender presents significant opportunities for businesses specialising in coaching and training services, particularly small and medium-sized enterprises (SMEs), as specified in the procurement suitability criteria. Competing for this contract can facilitate business expansion and enhance market reputation through collaboration with a prestigious institution like the Bank of England. The dynamic purchasing system allows qualified businesses to participate in future similar tenders, fostering continuous growth and development in the coaching and training industry.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Coaching & Training Services

Notice Description

Coaching and Training Services. The contract has been extended until 30/05/2026 and the total contract value has increased by PS63,335.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3b228440-3900-4b52-ab14-70cb8b44d0d3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/24cba7e7-fb8c-4b2a-9469-a69bcba76c26
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79998000 - Coaching services

Notice Value(s)

Tender Value
£661,717 £500K-£1M
Lots Value
Not specified
Awards Value
£661,717 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jan 20251 years ago
Submission Deadline
1 Feb 2024Expired
Future Notice Date
Not specified
Award Date
1 Feb 20242 years ago
Contract Period
1 Mar 2024 - 30 May 2026 2-3 years
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

POTENTIAL PROJECT

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-3b228440-3900-4b52-ab14-70cb8b44d0d3-2025-01-16T15:35:43Z",
    "date": "2025-01-16T15:35:43Z",
    "ocid": "ocds-b5fd17-3b228440-3900-4b52-ab14-70cb8b44d0d3",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001380",
        "title": "Coaching & Training Services",
        "description": "Coaching and Training Services. The contract has been extended until 30/05/2026 and the total contract value has increased by PS63,335.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79998000",
            "description": "Coaching services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    },
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 661717,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a dynamic purchasing system",
        "tenderPeriod": {
            "endDate": "2024-02-01T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-03-01T00:00:00Z",
            "endDate": "2026-05-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "corporate.contracts@bankofengland.co.uk",
                "telephone": "020 3461 4444"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-09926943",
            "name": "Potential Project UK Limited",
            "identifier": {
                "legalName": "Potential Project UK Limited",
                "scheme": "GB-COH",
                "id": "09926943"
            },
            "address": {
                "streetAddress": "C/O Irwin Mitchell Llp Riverside East, 2 Millsands, Sheffield, South Yorkshire, United Kingdom, S3 8DT"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-3b228440-3900-4b52-ab14-70cb8b44d0d3-1",
            "status": "active",
            "date": "2024-02-01T00:00:00Z",
            "datePublished": "2024-07-01T12:24:54+01:00",
            "value": {
                "amount": 661717,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-09926943",
                    "name": "Potential Project UK Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-03-01T00:00:00Z",
                "endDate": "2026-05-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/24cba7e7-fb8c-4b2a-9469-a69bcba76c26",
                    "datePublished": "2024-07-01T12:24:54+01:00",
                    "format": "text/html",
                    "language": "en",
                    "dateModified": "2025-01-16T15:35:43Z"
                }
            ]
        }
    ]
}