Award

Threadneedle Street and Debden lift refurbishment works

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

09 Feb 2023 at 17:11

Award

23 Jun 2022 at 16:06

Summary of the contracting process

The Bank of England has awarded a contract for the modernisation or replacement of lifts in Threadneedle Street and Debden. The procurement method used was selective with a call-off from a framework agreement. The total contract value is GBP 1,230,269.63, and the contract period extends from 7th February 2022 to 31st December 2023. The location of the project is in London, with the postal code EC2R8AH. The main procurement category is services.

This tender presents an opportunity for companies offering lift maintenance services to compete for contracts in the refurbishment sector. Businesses with experience in providing lift refurbishment or maintenance services would be well-suited to bid for this opportunity. The Bank of England, as the buying organisation, aims to improve the reliability of the lifts addressed in Threadneedle Street and Debden, creating a potential pathway for growth for qualified suppliers in the lift maintenance industry.

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Notice Title

Threadneedle Street and Debden lift refurbishment works

Notice Description

Modernisation or full replacement of 6 lifts in Threadneedle street and 5 lifts in Debden. This will be done by replacing or refurbishing key related equipment that was identified in previous condition reports which will ultimately improve the reliability of the lifts addressed.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6afe4ca9-d0c4-4e47-8977-dc1a08aa7989
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c0ca43b8-9600-42eb-8397-469e5a3c8786
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

50 - Repair and maintenance services


CPV Codes

50750000 - Lift-maintenance services

Notice Value(s)

Tender Value
£1,230,269 £1M-£10M
Lots Value
Not specified
Awards Value
£1,230,269 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
9 Feb 20233 years ago
Submission Deadline
30 Nov 2021Expired
Future Notice Date
Not specified
Award Date
11 Oct 20214 years ago
Contract Period
7 Feb 2022 - 31 Dec 2023 1-2 years
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
Not specified
Contact Email
fm.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

TARGET LIFTS

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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