Award

Skilled Person Review

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

29 May 2025 at 14:59

Award Notice
Summary of the contracting process

The Bank of England has successfully concluded a selective procurement process for a Skilled Person Review, awarded to PA Consulting Services Limited. This contract, valued at £125,000, falls under the business and management consultancy services category, with the procurement managed through a call-off from a framework agreement. The contract commenced on 3rd March 2025 and is set to conclude on 4th June 2025, with services primarily delivered in London, United Kingdom. The procurement process, tagged as complete, reached its award stage on 21st February 2025.

This tender presents a valuable opportunity for businesses specialising in consultancy services, particularly those with an interest in collaborating with financial institutions like the Bank of England. Although the awarded firm, PA Consulting Services Limited, is of a larger scale, this process highlights opportunities for small and medium-sized enterprises (SMEs) to engage in similar procurements if they possess the requisite expertise to meet the Bank's stringent requirements. This can aid SMEs in solidifying their presence and expanding their portfolio in the consultancy sector, especially if they are looking to leverage framework agreements for competitive advantages in future calls.

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Notice Information

Notice Title

Skilled Person Review

Notice Description

The Bank of England is seeking a partner to provide resource for a Skilled Person Review.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6411b725-8d4b-476f-8427-3949575233d7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/59177be4-95ce-430d-84ac-bdd4cb457960
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£125,000 £100K-£500K
Lots Value
Not specified
Awards Value
£125,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 May 20259 months ago
Submission Deadline
21 Feb 2025Expired
Future Notice Date
Not specified
Award Date
21 Feb 20251 years ago
Contract Period
3 Mar 2025 - 4 Jun 2025 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
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
TLI London
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PA CONSULTING SERVICES

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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