Award

Provision of Integration Support and Maintenance

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

27 Feb 2025 at 16:38

Summary of the contracting process

The Bank of England has completed the procurement process for the "Provision of Integration Support and Maintenance" services, classified under the Software package and information systems industry category. The project location is within England, United Kingdom, with the awarded contract encompassing the period from 1st January 2025 to 31st December 2025. The award announcement was made on 18th December 2024, after the tender period ended on 4th December 2024. The procurement was conducted through an "Other - Waiver" method, and the total contract value is GBP 203,342.

This tender presents significant growth opportunities for businesses specialising in software packages and information systems. Large-scale enterprises with robust capabilities in integration support and maintenance services stand to benefit the most. While SMEs and VCSEs were not targeted for suitability, well-established companies such as IBM United Kingdom Limited, the awarded supplier, would be well-aligned with the tender requirements. Engaging with the Bank of England through such contracts can enhance business portfolios and open avenues for further contracts in the financial services sector.

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Notice Title

Provision of Integration Support and Maintenance

Notice Description

Provision of Integration Support and Maintenance

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5dad483d-e9d1-4cc7-b0fd-2c1027dd126d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6ba9bdef-fa4d-4897-87d9-a221c5521ae0
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 - Waiver
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
£203,342 £100K-£500K
Lots Value
Not specified
Awards Value
£203,342 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Feb 202512 months ago
Submission Deadline
4 Dec 2024Expired
Future Notice Date
Not specified
Award Date
18 Dec 20241 years ago
Contract Period
1 Jan 2025 - 31 Dec 2025 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
02034613000

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

IBM UNITED KINGDOM

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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