Award

Electrical maintenance

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

09 Sep 2025 at 12:19

Award Notice
Award

17 Apr 2025 at 13:05

Award Notice
Summary of the contracting process

The public procurement process, overseen by the Bank of England, centred on the "Electrical Maintenance" of UPS and Static Transfer Units. The procurement, categorised under repair and maintenance services (CPV code 50730000), took place in England, United Kingdom, with a direct procurement method. It reached the award update stage on 9th September 2025, having initially been awarded on 1st March 2025. The contract, valued at £51,062.13, spans from 1st March 2025 to 28th February 2026. Notably, the procurement was conducted as a single tender action below the threshold, and the awarded supplier is Socomec Ltd.

This tender offers a significant opportunity for businesses specialising in electrical maintenance services, particularly those with expertise in the maintenance of UPS and static transfer units. Large-scale firms are particularly well-suited given the project’s scope and direct procurement method, which may not align with smaller enterprises. The contract with the Bank of England not only assures a stable business relationship for the duration but also enhances the supplier's portfolio with a prestigious client association. Engaging in such a project can stimulate business growth through increased credibility and potential for future contracts.

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Notice Information

Notice Title

Electrical maintenance

Notice Description

Maintenance of UPS and Static Transfer Units

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-52cf7a61-77ee-4adf-8cb1-df24fbb1af72
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b9e044ef-23f6-40ea-b6a4-828474777095
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

50 - Repair and maintenance services

CPV Codes

50730000 - Repair and maintenance services of cooler groups

Notice Value(s)

Tender Value
£51,062 Under £100K
Lots Value
Not specified
Awards Value
£51,062 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Sep 20256 months ago
Submission Deadline
13 Feb 2025Expired
Future Notice Date
Not specified
Award Date
1 Mar 20251 years ago
Contract Period
1 Mar 2025 - 28 Feb 2026 6-12 months
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
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

SOCOMEC

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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