Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

01 Oct 2024 at 08:56

Award Notice
Summary of the contracting process

The Bank of England has completed a public procurement process for Advisory Services under the Market Research Services category. This contract, with a total value of £49,000, focuses on delivery within England, United Kingdom. The procurement method used was a direct, single tender action below the threshold. The contract period commenced on 19th June 2024 and concluded on 2nd October 2024. Key stakeholders in this procurement include the buyer, Bank of England, and the awarded supplier, Yonder Consulting Limited.

This procurement presents significant opportunities for small and medium enterprises (SMEs) to engage in specialised market research services. SMEs with expertise in advisory and market research services are well-suited to pursue similar contracts from prestigious institutions like the Bank of England. Such contracts can provide substantial growth opportunities by enhancing their portfolio with high-profile clients and exposing them to further government tenders.

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Notice Information

Notice Title

Advisory Services

Notice Description

Advisory services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-5ff111a5-025d-44de-8894-e5c53481d0b7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0f280894-1ecc-41b0-abb2-18509b989c57
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79310000 - Market research services

Notice Value(s)

Tender Value
£49,000 Under £100K
Lots Value
Not specified
Awards Value
£49,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
1 Oct 20241 years ago
Submission Deadline
12 Jun 2024Expired
Future Notice Date
Not specified
Award Date
18 Jun 20241 years ago
Contract Period
18 Jun 2024 - 2 Oct 2024 1-6 months
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
Not specified
Contact Email
corporate.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

YONDER CONSULTING

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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