Award

Database and Operating Software Package

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

01 Oct 2024 at 11:30

Summary of the contracting process

The Bank of England has completed the procurement process for a "Database and Operating Software Package" in England. This procurement falls under the services industry category, specifically classified as a database and operating software package (CPV code 48600000). The selective procurement method was used as a call-off from a framework agreement. The contract spans from 19th April 2024 to 18th April 2026 with a total value of £309,889.92 GBP. Key dates included the tender period ending on 18th April 2024 and the contract award being published on 1st October 2024.

This tender presents significant opportunities for businesses involved in developing and providing database and operating software solutions. Given the substantial value and specific requirements, larger IT and software firms with capacity for comprehensive software packages are well-suited to compete. The procurement's selective nature via a framework agreement suggests that businesses already in established frameworks should particularly take note. Softcat PLC, a large enterprise known for IT solutions, has won the contract, demonstrating the level of competition and standard expected. This contract could serve as a notable reference for any technology company looking to secure similar government contracts in the future.

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Notice Title

Database and Operating Software Package

Notice Description

Database and Operating Software Package

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3db2207d-e47f-47c4-8d51-9afe283f5110
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8405ad90-8d00-4767-9d45-7d4e10c7d9b1
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

48 - Software package and information systems


CPV Codes

48600000 - Database and operating software package

Notice Value(s)

Tender Value
£309,889 £100K-£500K
Lots Value
Not specified
Awards Value
£309,889 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20241 years ago
Submission Deadline
18 Apr 2024Expired
Future Notice Date
Not specified
Award Date
17 Apr 20241 years ago
Contract Period
18 Apr 2024 - 18 Apr 2026 1-2 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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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