Award

Framework Agreement for Value Added Reseller Services

BANK OF ENGLAND

This public procurement record has 4 releases in its history.

Award

16 Jan 2025 at 16:31

Award Notice
TenderAmendment

17 Jul 2024 at 13:48

Tender Notice
TenderAmendment

17 Jul 2024 at 10:09

Tender Notice
Tender

16 Jul 2024 at 10:14

Tender Notice
Summary of the contracting process

The Bank of England has awarded a framework agreement for Value Added Reseller services to two suppliers, Softcat PLC and CDW Limited. The agreement, valued at £135,000,000, covers the provision of computer equipment and supplies, software packages and information systems, and IT services including consulting and support. The contract commenced on 29th October 2024 and will run until 28th October 2027, with the possibility of a 12-month extension. The procurement was conducted using a restricted procedure, concluding the tender period on 25th September 2024. This framework operates on a non-committed spend basis, enabling the Bank of England to call off requirements over the contract term.

This tender creates significant opportunities for business growth, particularly for companies involved in the IT industry, offering hardware, software, and consulting services. Small and medium-sized enterprises (SMEs) were encouraged to participate in the competitive process, which was facilitated via the Bank's e-tendering portal, Proactis. The framework allows suppliers to secure long-term, high-value contracts, presenting considerable potential for new business acquisition, particularly for businesses specialising in comprehensive IT solutions. The awarded suppliers, Softcat PLC and CDW Limited, highlight the suitability of both large and potentially smaller innovative firms to contribute to this extensive procurement initiative.

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Notice Information

Notice Title

Framework Agreement for Value Added Reseller Services

Notice Description

Provision of Value Added Reseller services 36 month contract and one 12 month optional extension. This framework has been awarded on a non-committed spend basis. The framework will be in place for up to four years. Requirements will be called off over the Term and as such the contract value represents a maximum spend over this period, on this Framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-45e9c81e-5ff9-41d0-9a50-858e2a13c0b7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dae95966-2950-4d64-9291-a24a000e1b09
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

30 - Office and computing machinery, equipment and supplies except furniture and software packages

48 - Software package and information systems

72 - IT services: consulting, software development, Internet and support

CPV Codes

30200000 - Computer equipment and supplies

48000000 - Software package and information systems

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£135,000,000 £100M-£1B
Lots Value
Not specified
Awards Value
£135,000,000 £100M-£1B
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jan 20251 years ago
Submission Deadline
25 Sep 2024Expired
Future Notice Date
Not specified
Award Date
28 Oct 20241 years ago
Contract Period
29 Oct 2024 - 28 Oct 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
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
2
Supplier Names

CDW

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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