Award

Technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

27 Oct 2025 at 16:44

Summary of the contracting process

The procurement process for technology services, conducted by the Bank of England, has reached the award stage. This process falls under the Information Systems or Technology Strategic Review and Planning Services category, with services to be delivered in England, United Kingdom. The contract was awarded on 3rd September 2025, following a tender period that concluded on 25th August 2025. The procurement method used was selective, involving a call-off from a framework agreement under the Technology Support Services Framework, with the contract period lasting from 3rd September to 16th November 2025. The awarded contract is valued at £53,530 GBP.

This contract presents opportunities for businesses within the technology services industry, particularly those capable of offering strategic review and planning services for information systems. However, the procurement was not aimed at SMEs or VCSEs, suggesting it is better suited for larger companies with the necessary capacity and expertise. Axiologik Limited, a large-scale supplier, has already secured the contract, indicating the potential for significant business growth for companies capable of similar service offerings within this framework.

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Notice Title

Technology services

Notice Description

Provision of technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st September and 30th September 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-72ba5f6c-69ca-4a3b-8170-d5bb366bc51c
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/43c3e9d6-aae6-40e9-a2c7-581d720e8694
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
£53,530 Under £100K
Lots Value
Not specified
Awards Value
£53,530 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Oct 20253 months ago
Submission Deadline
25 Aug 2025Expired
Future Notice Date
Not specified
Award Date
2 Sep 20255 months ago
Contract Period
2 Sep 2025 - 16 Nov 2025 1-6 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
020 3461 4878

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

AXIOLOGIK

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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