Award

Asbestos Remediation Works

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

22 Apr 2026 at 13:22

Award Notice
Summary of the contracting process

The procurement process for "Asbestos Remediation Works" has reached the award stage, overseen by the Bank of England. This contract involves the removal of asbestos from the Bank's site in Debden, London, classified under CPV code 45262660 as asbestos-removal work. The procurement, which utilised a selective method via a call-off from a PCR 2015 framework, concluded its tender period on 20th April 2026. With a contract value of approximately £4.47 million, the works are scheduled to commence on 1st May 2026 and conclude on 31st January 2028.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs) specialising in asbestos removal and related works, with Econ Group, an SME, awarded the contract. The framework agreement approach streamlines the procurement process, making it an advantageous opportunity for businesses familiar with such systems. The scale and scope of the project suggest that businesses with relevant expertise, certifications, and prior experience in handling asbestos-removal contracts would be well-suited to compete in similar future opportunities, thereby aiding business growth in this industry sector.

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Notice Information

Notice Title

Asbestos Remediation Works

Notice Description

Works contract for the removal of asbestos from the Bank's Debden site. This is a call-off from a PCR 2015 framework.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6bde9b4a-00b9-4de5-b4ad-c08dfd3607f0
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/a50bcf51-354b-4322-94fe-bc1df1291328
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Works
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45262660 - Asbestos-removal work

Notice Value(s)

Tender Value
£4,472,821 £1M-£10M
Lots Value
Not specified
Awards Value
£4,472,821 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
22 Apr 20262 days ago
Submission Deadline
20 Apr 2026Expired
Future Notice Date
Not specified
Award Date
19 Apr 20265 days ago
Contract Period
30 Apr 2026 - 31 Jan 2028 1-2 years
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
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
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

ECON GROUP

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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