Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Jun 2025 at 11:50

Summary of the contracting process

The procurement process detailed here revolves around the Bank of England, which serves as the buying organisation, seeking professional technology services under the Technology Support Services Framework. This contract was awarded for the provision of information systems or technology strategic review and planning services, specifically within the services industry category. The location for this procurement is the United Kingdom, with a delivery focus on England. The process has reached the award stage, with key dates from the procurement history noting that work statements were awarded between 1st and 30th April 2025, and the award publication date was 25th June 2025. The contract covers a period from 2nd April to 30th September 2025, using a selective procurement method through a call-off from a framework agreement.

This tender offers substantial opportunities for business growth, particularly for large-scale enterprises that specialise in strategic technology solutions, as indicated by the engagement of Version 1 Solutions Limited, the contract’s supplier. The project's emphasis on strategic technology services makes it suitable for businesses capable of providing comprehensive IT consultancy and implementation services. Organisations with expertise in conducting technology strategic reviews and planning services are well-suited to bid and gain from similar opportunities, aiding their expansion in the UK public sector market.

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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 April and 30th April 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6d002da1-891f-4836-aa02-38a95a7c1fc3
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/720e9fdd-89d5-4243-a1e6-dc0075681378
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
£713,100 £500K-£1M
Lots Value
Not specified
Awards Value
£713,100 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
25 Jun 20258 months ago
Submission Deadline
26 Mar 2025Expired
Future Notice Date
Not specified
Award Date
1 Apr 202510 months ago
Contract Period
1 Apr 2025 - 30 Sep 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

VERSION 1 SOLUTIONS

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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