Award

Provision of IASP Managed Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 May 2025 at 16:02

Summary of the contracting process

The procurement process for the "Provision of IASP Managed Services" was conducted by the Bank of England, a reputable institution located in London, England. This tender, classified under the industry category of "Information systems or technology strategic review and planning services" (CPV Code: 72222000), concluded its award stage with an active status. The procurement was conducted through an open procedure below threshold, ensuring openness and competition. Key dates included the end of the tender period on 17 March 2025, and the contract period spanning from 24 March 2025 to 24 March 2028, with a total contract value of £75,240.

This procurement offers significant opportunities for businesses involved in strategic technology planning and implementation. Although the tender process has been completed, similar future opportunities are likely, providing growth potential for companies with expertise in information systems. Large enterprises, rather than SMEs, are identified as the primary candidates, aligning with the Bank of England's requirements for significant managed services support, demonstrated by ANGLEPOINT (UK) LTD, the successful supplier. Companies equipped with the capacity to deliver comprehensive technology services in compliance with open procedures stand well-placed to thrive in such competitions.

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Notice Title

Provision of IASP Managed Services

Notice Description

Provision of IASP Managed Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-536e93f6-360d-4fe2-ab2e-e0d56baa7d88
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c8fa9de5-da6a-44e2-bd16-1bdadc24c760
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£75,240 Under £100K
Lots Value
Not specified
Awards Value
£75,240 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 May 20259 months ago
Submission Deadline
17 Mar 2025Expired
Future Notice Date
Not specified
Award Date
24 Mar 202511 months ago
Contract Period
24 Mar 2025 - 24 Mar 2028 3-4 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
020 3461 4878

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

ANGLEPOINT (UK

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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