Award

Provision of Market Data services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

06 Aug 2025 at 13:02

Award Notice
Summary of the contracting process

The Bank of England has completed a procurement process titled "Provision of Market Data Services" for the strategic review and planning of information systems or technology. This involves a direct award contract with a value of £385,560, awarded to Moody’s (UK) Limited. The services will be delivered in England, United Kingdom, with the contract period spanning from 30th April 2025 to 29th April 2028. The procurement stage is in the award phase as of 6th August 2025, highlighting the successful conclusion of the contracting process.

This contract presents a substantial opportunity for growth, particularly for large businesses with capabilities in providing market data services. Although not suitable for SMEs or VCSEs, companies with expertise in strategic information systems and technology planning can leverage this award to strengthen partnerships with prominent financial institutions such as the Bank of England. The direct award method streamlines engagement with key clients, allowing major suppliers to focus on strategic delivery outcomes.

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Notice Information

Notice Title

Provision of Market Data services

Notice Description

Provision of Market Data services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5e0ac2ef-1d40-4524-9973-8cacb63dc202
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ad5aa2a9-9a5d-452b-876e-16b5c56c789d
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

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
£385,560 £100K-£500K
Lots Value
Not specified
Awards Value
£385,560 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
6 Aug 20256 months ago
Submission Deadline
23 Apr 2025Expired
Future Notice Date
Not specified
Award Date
29 Apr 202510 months ago
Contract Period
29 Apr 2025 - 29 Apr 2028 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 (UK

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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