Award

Corporate Credit Risk Management Services Database

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

18 Aug 2023 at 14:44

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for Corporate Credit Risk Management Services Database. The procurement process was completed, and the contract value is £742,295 GBP. The contract was awarded directly to Moody's Analytics UK Limited. The procurement method used was a Direct Award. The contract period starts on 30th April 2023 and ends on 29th April 2026. The tender was in the services category and was located in England, United Kingdom.

This procurement process by the Bank of England presents an opportunity for businesses in the software package and information systems industry to provide corporate credit risk management services. Companies experienced in delivering such services and based in the United Kingdom may find this tender suitable for business growth. The Direct Award method used for this contract signifies that the Bank of England identified Moody's Analytics UK Limited as a suitable supplier for their database requirements, highlighting potential ongoing business relationships.

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Notice Information

Notice Title

Corporate Credit Risk Management Services Database

Notice Description

Provision of corporate credit risk management services database.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-556ca7ec-b11f-4f65-b983-564aeb23fd01
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/eacbd35e-c5f5-41d6-bebc-107fbee91885
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems

CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£742,295 £500K-£1M
Lots Value
Not specified
Awards Value
£742,295 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
18 Aug 20232 years ago
Submission Deadline
29 Apr 2023Expired
Future Notice Date
Not specified
Award Date
28 Apr 20232 years ago
Contract Period
29 Apr 2023 - 29 Apr 2026 3-4 years
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

MOODY'S ANALYTICS

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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