Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

03 Mar 2025 at 13:20

Summary of the contracting process

The Bank of England has completed a procurement process under the Technology Support Services Framework, awarding a contract titled "Professional technology services". This tender falls under the industry category of Information systems or technology strategic review and planning services (CPV: 72222000). The procurement, which followed a selective method, involved a call-off from a framework agreement. Key dates in the process include the tender period ending on 27th August 2024, the contract starting on 3rd September 2024, and concluding on 18th April 2025. The project location is in London, EC2R 8AH, and the awarded contract is valued at £608,080 GBP.

This tender presents significant opportunities for businesses specialising in providing professional technology services, particularly those capable of engaging in strategic technology reviews and planning. While this specific contract has been awarded to Coforge U.K. Limited, large-scale firms with similar expertise and resources may look to leverage such opportunities offered by major financial institutions such as the Bank of England. The procurement process, focused on frameworks, can streamline future business growth for companies well-versed in operating within established frameworks and handling substantial service demands in the dynamic tech services sector.

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Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st Sept and 31st Oct 2024

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6cac446e-05b8-4613-b889-d678fbc280a7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cf38270a-4592-4c65-b935-77289ebcc4d3
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

72 - IT services: consulting, software development, Internet and support


CPV Codes

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£608,080 £500K-£1M
Lots Value
Not specified
Awards Value
£608,080 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
3 Mar 202511 months ago
Submission Deadline
27 Aug 2024Expired
Future Notice Date
Not specified
Award Date
26 Aug 20241 years ago
Contract Period
2 Sep 2024 - 18 Apr 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
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

COFORGE

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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