Award

Operational Model

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

18 Jan 2024 at 11:31

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for the Operational Model project to provide expert support for the Bank's Central Services function. The procurement method used was selective, calling off from a framework agreement. The contract value is £165,000, with a contract period from 10th July 2023 to 6th October 2023. The tender period ended on 6th July 2023. The procurement falls under the business and management consultancy and related services category. The buying organization is the Bank of England located in London, England.

This tender presents an opportunity for businesses in the business consultancy sector to engage with the Bank of England. Small and medium-sized enterprises (SMEs) are particularly suited to compete for this tender. The awarded contract is valued at £165,000, demonstrating a significant growth opportunity for successful bidders. Businesses interested in the services category, with expertise in business consultancy, are encouraged to explore participation in this procurement process.

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Notice Information

Notice Title

Operational Model

Notice Description

To provide expert support for the Bank's Central Services function.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6526d1c7-ee97-49a5-aee5-fa47845aa60c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/941542bd-f813-4b6b-9146-230f496b8798
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

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£165,000 £100K-£500K
Lots Value
Not specified
Awards Value
£165,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
18 Jan 20242 years ago
Submission Deadline
6 Jul 2023Expired
Future Notice Date
Not specified
Award Date
5 Jul 20232 years ago
Contract Period
9 Jul 2023 - 6 Oct 2023 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
Corporate contracts
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
Not specified
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

THE BERKELEY PARTNERSHIPS

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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