Tender

BOE FM Notes Destruction Machines

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Tender

21 Dec 2022 at 09:46

Summary of the contracting process

The Bank of England has awarded a contract for the procurement of Industrial Equipment, involving the replacement of industrial machinery used for banknote destruction. The procurement method used was "selective" through a "Restricted procedure (above threshold)". The contract period runs from 2023-12-12 to 2028-12-11. The total contract value is GBP 1,171,643, with the tender period ending on 2023-04-17.

This tender presents an opportunity for businesses involved in the goods sector, specifically in industrial machinery. The Bank of England, as the buying organisation, is seeking suppliers for this contract. Businesses dealing in similar industrial equipment, especially those capable of fulfilling a restricted procedure above the threshold, would be well-suited to compete for this procurement opportunity.

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Notice Title

BOE FM Notes Destruction Machines

Notice Description

To purchase industrial machinery to replace those currently used in the destruction of out-of-circulation banknotes. Additional information: A Bank NDA will need to be signed and submitted in order to access the Procurements Statement of Requirements. This can be obtained via email to the procurement contact (fm.contracts@bankofengland.co.uk), and must be returned to the same address when completed in order to be added to the Proactis e-procurement. Access to the procurement documents is restricted. Further information can be obtained at https://supplierlive.proactisp2p.com/Account/Login Additional information can be obtained from the above-mentioned address Tenders or requests to participate must be submitted electronically via https://supplierlive.proactisp2p.com/Account/Login

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3e029481-a047-4a23-a7a8-fef29c8a54d5
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1de85a19-ecd6-4d56-9092-1bffe5d89bcf
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
Not specified
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

42 - Industrial machinery


CPV Codes

42000000 - Industrial machinery

Notice Value(s)

Tender Value
£3,000,000 £1M-£10M
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Dec 20223 years ago
Submission Deadline
16 Jan 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 May 2023 - 31 May 2026 3-4 years
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
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
Not specified

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

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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