Award

Technology Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

28 Nov 2024 at 18:17

Award Notice
Summary of the contracting process

The Bank of England has completed a public procurement process for the provision of technology services, classified under IT services: consulting, software development, Internet, and support (CPV code 72000000). The procurement, with a total value of £150,000, was conducted through a direct procurement method via a single tender action below the threshold. The contract was awarded to Accenture (UK) Limited on 19 October 2024, and it covers the period from 1 November 2024 to 31 October 2027. Services are to be delivered within the United Kingdom, with the main procurement category being services.

This tender represents a significant business growth opportunity for companies specialising in IT services, particularly those capable of providing high-quality consulting, software development, and Internet support. SMEs are encouraged to participate, although this specific contract was awarded to a large-scale company, Accenture (UK) Limited. Businesses with expertise in technology services and a keen interest in public sector contracts are well-suited to compete in similar future tenders facilitated by the Bank of England.

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Notice Information

Notice Title

Technology Services

Notice Description

Provision of Technology Services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-48fafac5-b86d-4709-86c7-5137441935cc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c65f935c-a045-40d9-95a3-33c4043a1bca
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
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
£150,000 £100K-£500K
Lots Value
Not specified
Awards Value
£150,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
28 Nov 20241 years ago
Submission Deadline
18 Oct 2024Expired
Future Notice Date
Not specified
Award Date
18 Oct 20241 years ago
Contract Period
1 Nov 2024 - 31 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
Not specified
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

ACCENTURE (UK

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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