Award

Provision of Cisco Software

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

23 Jul 2024 at 14:15

Award Notice
Summary of the contracting process

The BANK OF ENGLAND has successfully completed the procurement process for the provision of Cisco Software, which falls under the industry category of Software package and information systems (CPV 48000000). The key dates for this tender included the tender period ending on 1st February 2024, with the contract period set from 1st April 2024 to 31st March 2027. This procurement utilised a selective method as a call-off from a framework agreement. The total contract value is £1,983,058.01, and the software will be delivered within England, United Kingdom. The procurement stage is now at the award phase, having been awarded on 28th March 2024, with the details published on 23rd July 2024.

This tender presents a lucrative opportunity for businesses engaged in providing software solutions, particularly those specialising in Cisco products. Although this specific contract was not suitable for SMEs or VCSEs, larger software firms like Softcat PLC, which won the award, stand to benefit significantly. The long-term engagement until 2027 offers a stable revenue stream, and similar framework agreements may provide recurring opportunities for firms equipped to deliver high-quality software services to major institutions like the BANK OF ENGLAND.

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Notice Information

Notice Title

Provision of Cisco Software

Notice Description

Provision of Cisco Software

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-3ed91a7a-cbf1-424b-9c02-601fe81d7013
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1e6286fa-4fb3-4d85-a540-c6bc7df8bf8f
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

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£1,983,058 £1M-£10M
Lots Value
Not specified
Awards Value
£1,983,058 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
23 Jul 20241 years ago
Submission Deadline
1 Feb 2024Expired
Future Notice Date
Not specified
Award Date
28 Mar 20241 years ago
Contract Period
31 Mar 2024 - 31 Mar 2027 2-3 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

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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