Award

Provision of Oracle database licences including maintenance and support

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

22 Sep 2025 at 14:10

Summary of the contracting process

The contracting process for the public procurement of Oracle database licences, including ongoing maintenance and support, was undertaken by the Bank of England. This procurement, classified under the database and operating software package category (CPV code 48600000), is located in England, specifically London. The procurement stage has reached the Award phase with the contract being awarded to Oracle Corporation UK Limited. The contract has a value of £1,602,549.92 GBP and spans from 19th March 2025 to 26th May 2026. The procurement followed a selective method through a call-off from a framework agreement. The process was declared complete with the tender period having ended on 14th February 2025.

This tender presents substantial opportunities for businesses involved in the technology and software services industry, showcasing potential for growth and partnership with prestigious organisations such as the Bank of England. Suitable competitors are likely larger firms capable of managing sizable software packages and support operations, especially given the procurement's lack of explicit suitability for SMEs or VCSEs. Engaging in such tenders can enhance a business's profile, offer long-term contractual engagement, and foster collaboration with a key governmental financial institution.

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Notice Title

Provision of Oracle database licences including maintenance and support

Notice Description

Provision of Oracle database licences including maintenance and support

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-523247d8-aee5-4fef-bd6d-0046052f604a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c907b14b-cad1-423f-96c5-d3c386328fd0
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48600000 - Database and operating software package

Notice Value(s)

Tender Value
£1,602,549 £1M-£10M
Lots Value
Not specified
Awards Value
£1,602,549 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Sep 20255 months ago
Submission Deadline
14 Feb 2025Expired
Future Notice Date
Not specified
Award Date
31 Mar 202510 months ago
Contract Period
19 Mar 2025 - 26 May 2026 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
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

ORACLE

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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