Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Mar 2025 at 10:00

Summary of the contracting process

The BANK OF ENGLAND has completed a procurement process for the provision of advisory services, classified under the industry category of Business and Management Consultancy Services (CPV code 79410000). The procurement process was conducted in England, United Kingdom, with the tender period concluding on 11th November 2024 and the contract period spanning from 18th November 2024 to 31st July 2025. This process was carried out through a call-off from a framework agreement using a selective procurement method. The contract has been awarded to PA Consulting Services with a total value of £474,550.

This tender presents significant opportunities for business growth, especially for organisations specialising in business and management consultancy services. Businesses that are small and medium-sized enterprises (SMEs) are particularly well-suited to compete for similar tenders in the future. Firms capable of providing comprehensive advisory services could leverage such opportunities to establish or reinforce their presence in the public sector market. The involvement of the BANK OF ENGLAND as the buying organisation further underscores the strategic importance and potential prestige associated with securing such contracts.

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Notice Title

Advisory Services

Notice Description

To provide advisory services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-67f569db-6f78-418e-986d-47f39e34201b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/f6392276-92c6-401f-bfd4-966a09a1f7c0
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
£474,550 £100K-£500K
Lots Value
Not specified
Awards Value
£474,500 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Mar 202511 months ago
Submission Deadline
11 Nov 2024Expired
Future Notice Date
Not specified
Award Date
11 Nov 20241 years ago
Contract Period
18 Nov 2024 - 31 Jul 2025 6-12 months
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

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

PA CONSULTING SERVICES

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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