Award

Temenos Support Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

06 Nov 2025 at 14:33

Summary of the contracting process

The Bank of England has successfully completed its procurement process for "Temenos Support Services," aimed at providing professional IT services for system changes. This tender, categorised under IT services, consulting, software development, internet, and support (CPV code 72000000), was conducted through a direct procurement method using a single tender action below threshold. The contract, valued at £56,391, spans from the 1st of August 2025 to the 28th of February 2026 and is based in London, United Kingdom. The award stage of this procurement was finalised on the 22nd of July 2025, with the award notice published on the 6th of November 2025.

This tender presents significant opportunities for businesses, particularly those skilled in IT consulting and software development, to grow their portfolios by delivering specialised support services. While this specific procurement is complete, businesses with similar capabilities can prepare for future opportunities by understanding the requirements and standards expected by a prominent institution like the Bank of England. Although this contract was awarded to the large enterprise Temenos, there remains the potential for small and medium-sized enterprises (SMEs) to compete in upcoming tenders, especially if they can demonstrate the expertise and capability to meet niche demands in IT services within the financial sector.

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Notice Title

Temenos Support Services

Notice Description

Provide professional services to support Temenos system changes

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-480de15a-4efc-4678-b226-9b5aa74b647e
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d5e83d03-fa0d-4387-9f0d-b9043bd6df16
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

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

Notice Value(s)

Tender Value
£56,391 Under £100K
Lots Value
Not specified
Awards Value
£56,391 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Nov 20253 months ago
Submission Deadline
22 Jul 2025Expired
Future Notice Date
Not specified
Award Date
21 Jul 20257 months ago
Contract Period
31 Jul 2025 - 28 Feb 2026 6-12 months
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
TLI London

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

Supplier Information

Number of Suppliers
1
Supplier Name

TEMENOS

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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