Award

NCFX TCA Data and Service Tool

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

12 Apr 2023 at 12:50

Award

12 Apr 2023 at 12:50

Summary of the contracting process

The Bank of England has awarded a contract for the provision of TCA Data and Service Tools. This contracting process was classified under the 'Software package and information systems' category and followed a direct procurement method with a single tender action. The contract value is £54,000 with a contract period starting on February 1, 2023, and ending on January 31, 2026. The contracting authority is based in London, England, and the procurement stage has been completed, with the tender period closing on January 31, 2023.

This awarded contract by the Bank of England presents opportunities for businesses in the services industry, particularly those providing software solutions and information systems. Companies offering specialised tools and data services can benefit from engaging in similar future tenders. Understanding the procurement method and industry category is crucial for businesses looking to compete effectively in similar procurement processes. The awarded supplier, New Change Currency Consultants Limited, was successful in securing this contract, highlighting the potential for businesses of varying sizes to participate in such opportunities.

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Notice Title

NCFX TCA Data and Service Tool

Notice Description

Provision of TCA Data and Service Tools.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-6e503524-4f76-40f9-9774-674b2d3e259c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/5ea7a903-298e-4171-a77f-8a4bb8cd96d3
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

48 - Software package and information systems


CPV Codes

48000000 - Software package and information systems

Notice Value(s)

Tender Value
£54,000 Under £100K
Lots Value
Not specified
Awards Value
£54,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Apr 20232 years ago
Submission Deadline
31 Jan 2023Expired
Future Notice Date
Not specified
Award Date
1 Feb 20233 years ago
Contract Period
1 Feb 2023 - 31 Jan 2026 3-4 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

NEW CHANGE CURRENCY CONSULTANTS

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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