Award

Provision of professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

02 Oct 2024 at 12:50

Summary of the contracting process

The Bank of England has completed the procurement process for the provision of professional technology services under the Technology Support Services Framework. This contract, categorised under Information Systems or Technology Strategic Review and Planning Services (CPV code 72222000), is valued at £1,873,290 and spans from 2 January 2024 to 28 February 2025. The procurement method used was a selective approach via a call-off from a framework agreement, with Peregrine, a large-scale company, being the successful supplier. Key dates include the tender period ending on 21 December 2023, and the award notice published on 2 October 2024. The services will be delivered in England, within the United Kingdom.

This tender presents significant business growth opportunities for firms in the technology and strategic planning services sector. The contract's substantial value and the involvement of the Bank of England suggest a stable and prestigious engagement, ideal for large companies with robust capabilities in managing complex technology projects. While the procurement specifically excluded small and medium enterprises (SMEs) and voluntary, community, and social enterprise (VCSE) organisations, it offers established larger firms a noteworthy chance to enhance their portfolio and establish a strong foothold in the governmental technology services market.

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Notice Title

Provision of professional technology services

Notice Description

Provision of professional services under the Technology Support Services Framework

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-57ee76c5-59b9-4598-a418-ff85e33af9b3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4f6f32dc-2878-4817-8b40-9ce1fdef2026
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

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
£1,873,290 £1M-£10M
Lots Value
Not specified
Awards Value
£1,873,290 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
2 Oct 20241 years ago
Submission Deadline
21 Dec 2023Expired
Future Notice Date
Not specified
Award Date
29 Dec 20232 years ago
Contract Period
2 Jan 2024 - 28 Feb 2025 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

PEREGRINE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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