Award

Market Data Manager System

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Mar 2024 at 12:53

Summary of the contracting process

The Bank of England has awarded a contract for the provision of a Market Data Manager (MDM) System. The contract, with an estimated value of £82,000, was awarded through a direct procurement method using a single tender action. The contract period is from January 17, 2024, to January 16, 2025. The successful supplier is CALERO MDSL LIMITED based in Edinburgh, Scotland. The contract was awarded on November 30, 2023, and the tender period ended on November 16, 2023.

This procurement opportunity by the Bank of England for IT services can be beneficial for businesses specialising in consulting, software development, internet services, and support. Small to medium-sized enterprises (SMEs) with capabilities in IT services could find this tender particularly suitable for their expertise. The awarded contract presents a chance for vendors to collaborate with the Bank of England and participate in delivering the Market Data Manager (MDM) System, which could open doors for business expansion and growth in the IT services industry.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Market Data Manager System

Notice Description

Provision of a Market Data Manager (MDM) System

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6dec2cfd-375d-4686-aa9e-429a86ad7377
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ae79e9ea-979e-4cd4-8071-4ddd93fa4f33
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£82,000 Under £100K
Lots Value
Not specified
Awards Value
£82,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Mar 20241 years ago
Submission Deadline
16 Nov 2023Expired
Future Notice Date
Not specified
Award Date
30 Nov 20232 years ago
Contract Period
17 Jan 2024 - 16 Jan 2025 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
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

CALERO MDSL

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-6dec2cfd-375d-4686-aa9e-429a86ad7377-2024-03-04T12:53:14Z",
    "date": "2024-03-04T12:53:14Z",
    "ocid": "ocds-b5fd17-6dec2cfd-375d-4686-aa9e-429a86ad7377",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001313",
        "title": "Market Data Manager System",
        "description": "Provision of a Market Data Manager (MDM) System",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "72000000",
            "description": "IT services: consulting, software development, Internet and support"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 82000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2023-11-16T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-01-17T00:00:00Z",
            "endDate": "2025-01-16T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "name": "Technology Procurement Team",
                "email": "technology.contracts@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-06356642",
            "name": "CALERO MDSL LIMITED",
            "identifier": {
                "legalName": "CALERO MDSL LIMITED",
                "scheme": "GB-COH",
                "id": "06356642"
            },
            "address": {
                "streetAddress": "40 Torphichen Street, Fourth Floor, Edinburgh, Scotland, EH3 8JB"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-6dec2cfd-375d-4686-aa9e-429a86ad7377-1",
            "status": "active",
            "date": "2023-11-30T00:00:00Z",
            "datePublished": "2024-03-04T12:53:14Z",
            "value": {
                "amount": 82000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-06356642",
                    "name": "CALERO MDSL LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-01-17T00:00:00Z",
                "endDate": "2025-01-16T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/ae79e9ea-979e-4cd4-8071-4ddd93fa4f33",
                    "datePublished": "2024-03-04T12:53:14Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}