Award

Data Research Services

BANK OF ENGLAND

This public procurement record has 3 releases in its history.

AwardUpdate

05 Dec 2024 at 12:17

Award Notice
Award

04 Apr 2024 at 12:31

Award Notice
Tender

04 Apr 2024 at 12:27

Tender Notice
Summary of the contracting process

The Bank of England, located in London, has completed the procurement process for "Data Research Services" under the Crown Commercial Services framework RM1557.13 G-Cloud 13 Lot 3 Cloud Support. This IT services contract, encompassing consulting, software development, Internet, and support, was awarded to Gartner U.K. Limited. The award, valued at £385,000, follows a selective procurement method via a framework agreement. The contract period commenced on 1st January 2024 and will conclude on 31st December 2025. An amendment in November 2024 added two additional licences for £33,600 ex VAT. Key dates include the award date of 4th December 2023 and the contract notice publication date of 4th April 2024.

This tender presents significant business growth opportunities particularly for SMEs, given the suitability criteria include small and medium-sized enterprises. Companies specialising in IT services such as data research, software development, and cloud support could greatly benefit from this procurement. Additionally, businesses capable of providing flexible IT solutions within the framework agreement context are well-positioned to compete. Engaging with such high-profile clients as the Bank of England can enhance reputation and commercial prospects in the industry.

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Notice Information

Notice Title

Data Research Services

Notice Description

Provision of Data research services via Crown Commercial Services framework - RM1557.13 G-Cloud 13 Lot 3 Cloud Support. Amended in November 2024 for the purchase of 2 additional licences for PS33,600 ex VAT.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4875352b-fa8e-42eb-8246-dfcb9558beea
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4fbe4756-7bf7-4a76-b52f-286a4eb575eb
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
Call-off from a framework agreement
Tender Suitability
SME
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
£385,000 £100K-£500K
Lots Value
Not specified
Awards Value
£385,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Dec 20241 years ago
Submission Deadline
3 Dec 2023Expired
Future Notice Date
Not specified
Award Date
4 Dec 20232 years ago
Contract Period
1 Jan 2024 - 31 Dec 2025 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
Jason Cheung
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
07484783723

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

GARTNER U.K. LIMITEDV

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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