Award

Legal Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

07 Jul 2025 at 10:58

Award Notice
Summary of the contracting process

The Bank of England has completed a public procurement process awarding a contract for the provision of legal services. The procurement, identified by ID CON/1001855 and valued at £45,000, was conducted via a direct procurement method, specifically a single tender action below the threshold. The contract was awarded to Clifford Chance LLP, a large-scale supplier, with the contract period spanning from 1st January 2025 to 31st March 2025. The legal services fall under the CPV classification 79100000, and the main location for service delivery is in England, United Kingdom. The procurement process was managed from the Bank's London address in Threadneedle Street.

This opportunity presents significant avenues for growth, particularly for large legal firms capable of delivering comprehensive legal services. Such contracts can enhance a firm's portfolio and offer consistent work within a set timeframe, solidifying their position in the market. However, the suitability criteria indicate that this tender was not specifically geared towards SMEs or voluntary, community, and social enterprises (VCSEs), suggesting that this sector is more rewarding for well-established firms with substantial resources. Legal businesses with a robust presence in England and the capacity to manage high-profile contracts effectively can leverage this award to strengthen their ties with esteemed institutions like the Bank of England.

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Notice Information

Notice Title

Legal Services

Notice Description

To provide legal services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7397b2f2-74aa-4920-9723-35c5c102ac45
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/310d1a58-4f35-421d-9bb8-0be12e88cbba
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

79 - Business services: law, marketing, consulting, recruitment, printing and security

CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£45,000 Under £100K
Lots Value
Not specified
Awards Value
£45,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
7 Jul 202510 months ago
Submission Deadline
1 Oct 2024Expired
Future Notice Date
Not specified
Award Date
30 Sep 20241 years ago
Contract Period
1 Jan 2025 - 31 Mar 2025 1-6 months
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

CLIFFORD CHANCE

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

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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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