Award

Provision of data for forecast and economic analysis

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

14 Jun 2023 at 13:48

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for the provision of data for forecast and economic analysis. The contract, coded as CON/1000659, falls under the services category with a value of £121,920 GBP. The procurement method used was direct, specifically a single tender action below the threshold. The tender period ended on 30th June 2023, with the contract period starting on 1st July 2023 and ending on 30th June 2024. The buying organisation, Bank of England, located in London, England, selected Consensus Economics Inc as the supplier.

This tender offers an opportunity for businesses in the software package and information systems industry, with a focus on providing data for forecast and economic analysis services. Small and medium-sized enterprises (SMEs) are suitable to compete for this contract. Businesses interested in offering tailored solutions in this industry can benefit from engaging with the Bank of England as the contracting authority in London, England. The contract, having already been awarded, signifies an immediate business growth opportunity for the successful supplier, Consensus Economics Inc.

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Notice Information

Notice Title

Provision of data for forecast and economic analysis

Notice Description

Provision of data for forecast and economic analysis.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-72dfedc1-531b-4635-b280-f5d4bc03e287
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/447f3b2d-9f55-43e9-b333-316a0a116374
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
SME

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
£121,920 £100K-£500K
Lots Value
Not specified
Awards Value
£121,920 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
14 Jun 20232 years ago
Submission Deadline
30 Jun 2023Expired
Future Notice Date
Not specified
Award Date
14 Jun 20232 years ago
Contract Period
30 Jun 2023 - 30 Jun 2024 1-2 years
Recurrence
Not specified

Notice Status

Tender Status
Complete
Lots Status
Not Specified
Awards Status
Active
Contracts Status
Not Specified

Buyer & Supplier

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

CONSENSUS ECONOMICS

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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