Award

Annual Subscription for SEDOL Service

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

07 Jul 2022 at 13:51

Summary of the contracting process

The Bank of England has completed a procurement process for the "Annual Subscription for SEDOL Service," which falls under the IT services industry category. The tender, initiated as a single tender action due to being below the threshold, was awarded to the London Stock Exchange Group PLC, with a contract value of £32,285. The contract period commenced on 1 January 2021 and concluded on 31 December 2021. The procurement was documented on 7 July 2022, and the award notice was published on the same date, confirming the active status of the contract.

This tender presents potential opportunities for businesses in the IT services sector, particularly those specialising in consulting, software development, and support services. Firms that are small and medium-sized enterprises (SMEs) may find this procurement particularly applicable, as the contracting authority encourages participation from SMEs. Engaging in such government contracts can help organisations expand their reach and strengthen their market presence within the competitive landscape of public procurement.

Find more tenders on our Open Data Platform.
How relevant is this notice?

Notice Title

Annual Subscription for SEDOL Service

Notice Description

Annual Subscription of SEDOL Licence Agreement

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-544c5f7d-884d-4638-9a79-9843e14fd5bc
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e526cc3f-6fdb-482b-bea8-f9230e6e6cea
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Goods
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£32,285 Under £100K
Lots Value
Not specified
Awards Value
£32,285 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jul 20223 years ago
Submission Deadline
1 Dec 2020Expired
Future Notice Date
Not specified
Award Date
1 Dec 20205 years ago
Contract Period
1 Jan 2021 - 31 Dec 2021 6-12 months
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

LONDON STOCK EXCHANGE GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-544c5f7d-884d-4638-9a79-9843e14fd5bc-2022-07-07T14:51:23+01:00",
    "date": "2022-07-07T14:51:23+01:00",
    "ocid": "ocds-b5fd17-544c5f7d-884d-4638-9a79-9843e14fd5bc",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1000393",
        "title": "Annual Subscription for SEDOL Service",
        "description": "Annual Subscription of SEDOL Licence Agreement",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "72000000",
            "description": "IT services: consulting, software development, Internet and support"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "London",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 32285,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2020-12-01T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2021-01-01T00:00:00Z",
            "endDate": "2021-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "goods"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "wendy.shakes@bankofengland.co.uk",
                "telephone": "020734614224"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-5369106",
            "name": "LONDON STOCK EXCHANGE GROUP PLC",
            "identifier": {
                "legalName": "LONDON STOCK EXCHANGE GROUP PLC",
                "scheme": "GB-COH",
                "id": "5369106"
            },
            "address": {
                "streetAddress": "THE LONDON STOCK EXCHANGE,10 PATERNOSTER SQUARE LONDON EC4M 7LS GB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-544c5f7d-884d-4638-9a79-9843e14fd5bc-1",
            "status": "active",
            "date": "2020-12-01T00:00:00Z",
            "datePublished": "2022-07-07T14:51:23+01:00",
            "value": {
                "amount": 32285,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-5369106",
                    "name": "LONDON STOCK EXCHANGE GROUP PLC"
                }
            ],
            "contractPeriod": {
                "startDate": "2021-01-01T00:00:00Z",
                "endDate": "2021-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/e526cc3f-6fdb-482b-bea8-f9230e6e6cea",
                    "datePublished": "2022-07-07T14:51:23+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}