Award

Enterprise Software and Support

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

13 Jan 2025 at 16:12

Summary of the contracting process

The Bank of England has completed a procurement process for "Enterprise Software and Support" within the industry category of enterprise resource planning software packages (CPV 48451000). The procurement involved the direct award of the contract to SAP UK Limited for the provision of SAP licences and support. The procurement covered services to be delivered in England, United Kingdom. The contract began on 1st January 2025 and is set to end on 31st December 2025, with a total value of £145,662.38. The entire process reached the award stage by 23rd December 2024.

This tender presents significant growth opportunities for businesses specialising in enterprise software solutions, particularly those providing SAP-related services and support. Firms that are capable of fulfilling direct awards and sole supplier arrangements, especially large-scale suppliers, are well-suited to compete for similar contracts. The procurement procedure used favours established businesses with a proven track record in delivering high-quality, robust digital solutions that meet the critical operational needs of major financial institutions like the Bank of England.

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Notice Title

Enterprise Software and Support

Notice Description

Provision of SAP licences and support

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6b7e12a6-0e3a-4f55-96ae-0e6724339f20
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/0e54f553-b882-4582-88ee-03bdff500653
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Not Specified
Procurement Method Details
Other - Direct Award - Sole Supplier
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48451000 - Enterprise resource planning software package

Notice Value(s)

Tender Value
£145,662 £100K-£500K
Lots Value
Not specified
Awards Value
£145,662 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
13 Jan 20251 years ago
Submission Deadline
23 Dec 2024Expired
Future Notice Date
Not specified
Award Date
23 Dec 20241 years ago
Contract Period
1 Jan 2025 - 31 Dec 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

SAP

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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