This public procurement record has 1 release in its history.

Award

29 Jul 2026 at 16:18

Summary of the contracting process

The Bank of England procured business and management consultancy services to support a Skilled Person Review. The requirement was for a partner to provide resources for the review, rather than for a general consultancy programme. The work is delivered in London. The buying organisation is the Bank of England, based at Threadneedle Street in London. The procurement concerns professional review and advisory capability for a regulated financial institution, with delivery focused on supplying suitable specialist resources. It was categorised as business and management consultancy services. The selected provider is Avyse Partners Limited, a London-based consultancy. The requirement was procured through the Bank of England’s Skilled Person Framework.

The procurement is complete and has been awarded. It used a selective procedure as a call-off from a framework agreement. Bids closed at 12:00 on 11 May 2026, and the contract was awarded to Avyse Partners Limited on 11 May 2026. The awarded contract value is £142,950. The contract period runs from 8 June 2026 to 7 June 2027. The evaluation basis was the framework call-off process. The award is active and the contract covers the single requirement for Skilled Person Review resource in London. The opportunity was identified as unsuitable for small and medium-sized enterprises and for voluntary, community or social enterprises. The Bank of England is the buyer.

This award demonstrates demand from the Bank of England for specialist consultancy resource to support a Skilled Person Review, delivered through an established framework route. A credible competitor for a future requirement would need to provide suitably experienced business and management consultants who can supply review resource to a financial-sector institution. The successful supplier profile is a large consultancy, suggesting the work may suit firms with the capacity to assemble and manage an appropriately skilled team rather than small or voluntary-sector providers. Relevant businesses should be able to operate within a framework call-off, understand regulated financial services environments, and provide dependable professional resources for a formal review. Experience delivering complex advisory or review assignments for institutional clients would strengthen their position when comparable demand returns.

How relevant is this notice?

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. Procured via Skilled Person Framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67c07c9c-67b7-4889-9e9e-1509a8eb5730
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/14840101-922e-4d26-9bf7-4baddd0cc3d4
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
Not specified
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
£142,950 £100K-£500K
Lots Value
Not specified
Awards Value
£142,950 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
29 Jul 20262 months ago
Submission Deadline
Not specified
Future Notice Date
Not specified
Award Date
11 May 20264 months ago
Contract Period
8 Jun 2026 - 7 Jun 2027 6-12 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
Postcode Area
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

Avyse Partners Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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