This public procurement record has 2 releases in its history.

AwardUpdate

16 Jun 2026 at 12:04

Award

16 Jun 2026 at 12:01

Summary of the contracting process

The Bank of England has engaged in a procurement process titled "Audio-Visual System Modernisation" to upgrade audio-visual systems for its meeting and conference venues. This procurement falls under the industry category of television and audio-visual equipment and is geographically targeted at London, United Kingdom. The procurement process used was selective, based on a call-off from a framework agreement, and the procurement stage reached completion. The contract, valued at £1,159,922.34, was awarded on 23rd April 2026, with the contract period scheduled from 1st May 2026 to 31st October 2027.

This tender presents valuable opportunities for specialised businesses in the audio-visual equipment sector that can deliver comprehensive system upgrades. Although not specifically tailored for small and medium enterprises (SMEs) or voluntary, community, and social enterprises (VCSEs), companies with the capacity to provide sophisticated technological solutions will find this contract beneficial for showcasing their expertise. The awarded contract to Media Powerhouse Limited indicates that businesses with a solid track record in servicing large-scale institutions like the Bank of England are well-suited for such opportunities, providing growth possibilities through long-term partnerships and enhanced industry reputation.

How relevant is this notice?

Notice Title

Audio-Visual System Modernisation

Notice Description

Provision of Audio-Visual System Upgrade for meeting and conference venues.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-50eb3a24-6b5a-4ea0-a591-51915acbee19
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0727297b-f0a3-4c7f-bf62-7cc99151e4a7
Current Stage
Award
All Stages
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
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

32 - Radio, television, communication, telecommunication and related equipment


CPV Codes

32320000 - Television and audio-visual equipment

Notice Value(s)

Tender Value
£1,159,922 £1M-£10M
Lots Value
Not specified
Awards Value
£1,159,922 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jun 20261 weeks ago
Submission Deadline
20 Apr 2026Expired
Future Notice Date
Not specified
Award Date
22 Apr 20262 months ago
Contract Period
30 Apr 2026 - 31 Oct 2027 1-2 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
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

MEDIA POWERHOUSE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

JSON Markdown

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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