IT Services

BANK OF ENGLAND

There are 2 contracts in this contracting process.

Summary of the contracting process

The Bank of England has completed a procurement process for IT Services under the title “Provision of professional services,” classified under the industry category of computer-related professional services (CPV code 72590000). The contract, valued at GBP 134,855, includes the delivery of services within England, United Kingdom. The procurement was conducted using a direct method with a single tender action below the threshold. The tender period ended on 25 April 2024, with the contract period running from 1 May 2024 to 30 April 2025. An award notice for this contract was published on 17 December 2024.

This tender represents an excellent opportunity for small and medium-sized enterprises (SMEs) and voluntary, community, and social enterprises (VCSEs) to demonstrate their capabilities in delivering high-quality IT services to a reputable institution like the Bank of England. Businesses specialising in computer-related professional services, particularly those with expertise in IT service management, would be well-suited to compete for such contracts in the future. The Bank’s involvement ensures credibility and the potential for long-term relationships, enhancing business growth and development.

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IT Services

BANK OF ENGLAND

Contract Timeline

Publication Date

31st January 2025 11:00:58 AM
Contract Summary

Provision of professional services
Contract Details

Open Contracting ID

ocds-b5fd17-490bb706-8946-4670-9edd-5ad48d65bbda

Publication Source

Contracts Finder

Procurement Stage

AwardUpdate

Procurement Method

Direct

Procurement Method Details

Single Tender Action (below Threshold)

Procurement Category

Services

Tender Suitability

SME VCSE

Framework / DPS
Contract Classification

CPV Code(s)

72590000

CPV Division(s)

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

BANK OF ENGLAND

Buyer Name

Technology Procurement Team

Buyer Email

Technology.contracts@bankofengland.co.uk

Buyer Phone

Buyer Address

Threadneedle Street

LONDON

EC2R8AH

England
Awarded Supplier(s)

Supplier Name(s)

THE ITSM PEOPLE LTD.

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IT Services

BANK OF ENGLAND

Contract Timeline

Publication Date

17th December 2024 14:07:18 PM
Contract Summary

Provision of professional services
Contract Details

Open Contracting ID

ocds-b5fd17-490bb706-8946-4670-9edd-5ad48d65bbda

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

Direct

Procurement Method Details

Single Tender Action (below Threshold)

Procurement Category

Services

Tender Suitability

SME VCSE

Framework / DPS
Contract Classification

CPV Code(s)

72590000

CPV Division(s)

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

BANK OF ENGLAND

Buyer Name

Technology Procurement Team

Buyer Email

Technology.contracts@bankofengland.co.uk

Buyer Phone

Buyer Address

Threadneedle Street

LONDON

EC2R8AH

England
Awarded Supplier(s)

Supplier Name(s)

THE ITSM PEOPLE LTD.

View contract on Contracts Finder

IT Services

BANK OF ENGLAND

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)

IT Services

BANK OF ENGLAND

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)