Award

Apprenticeship training Services - Data Scientist

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

14 Nov 2024 at 10:02

Summary of the contracting process

The Bank of England has completed a selective procurement process to award a contract for apprenticeship training services specifically for Data Scientist roles at Level 6. The contract, valued at £855,000, will span from 21st August 2024 to 20th August 2027, with the service to be conducted in England, United Kingdom. The procurement, which fell under the Education and Training Services category, was facilitated through a call-off from a dynamic purchasing system, with the tender period having closed on 24th June 2024.

This contract presents substantial growth opportunities for businesses specialising in educational and training services, particularly those offering advanced data science training. Small and medium-sized enterprises (SMEs) might find this sector lucrative due to the specific skill level required and the structured, long-term nature of the contract. Given the Bank of England's focus on leveraging its apprenticeship levy, qualified training providers can significantly enhance their portfolio and credibility within the education sector by meeting the needs of one of the UK's foremost financial institutions.

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Notice Title

Apprenticeship training Services - Data Scientist

Notice Description

Provision of apprenticeship training provider services for Data Scientist, Level 6. Contract length is 3 years, with a further optional extension period of 3 years. Additional information: Please note that the contract value is associated to this notice is awarded on a no commitment basis and is payable by the Bank's apprenticeship levy and not payable directly by the Bank.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-4f965136-8375-4d6d-8f55-2fa21279be09
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/d06a5f7b-fa15-436e-aaa6-af570312b9ad
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Dynamic
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a dynamic purchasing system
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services


CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£855,000 £500K-£1M
Lots Value
Not specified
Awards Value
£855,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
14 Nov 20241 years ago
Submission Deadline
24 Jun 2024Expired
Future Notice Date
Not specified
Award Date
18 Aug 20241 years ago
Contract Period
20 Aug 2024 - 20 Aug 2027 2-3 years
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
Not specified
Contact Email
corporate.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

NORTHEASTERN UNIVERSITY LONDON

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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