Award

Physical Security

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

20 Jan 2025 at 12:35

Summary of the contracting process

The Bank of England has awarded a contract for the provision of physical security services under the framework agreement, valued at GBP 5,392,115.12. The contract, identified by CON/1001671, falls under the industry category of Security Services (CPV: 79710000) and will cover a period from 1st February 2025 to 31st July 2026, including optional extensions. The contract’s delivery location is in England, United Kingdom. The procurement process reached the award stage on 20th January 2025, with the tender period ending on 10th June 2024. The procurement method employed was selective, specifically a call-off from a framework agreement.

This tender offers substantial opportunities for businesses specialising in physical security services, particularly those capable of servicing large-scale contracts. Small and medium-sized enterprises (SMEs) could find this contract particularly appealing due to the suitability criteria favouring them. The awarded contract to Amulet (Churchill Security Solutions) Limited, a large-scale security firm, demonstrates the importance of scalability and reliability in fulfilling the needs of such a significant institution as the Bank of England. Businesses capable of providing comprehensive security services should consider preparing for similar future opportunities.

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Notice Title

Physical Security

Notice Description

Provision of physical security services. 12 month contract and 2 x 3 month optional extensions.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7637a71b-783b-4182-aa80-9388329020cb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/fe73cec5-59f7-496e-967f-02ef14be615c
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79710000 - Security services

Notice Value(s)

Tender Value
£5,392,115 £1M-£10M
Lots Value
Not specified
Awards Value
£5,392,115 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20251 years ago
Submission Deadline
10 Jun 2024Expired
Future Notice Date
Not specified
Award Date
9 Sep 20241 years ago
Contract Period
1 Feb 2025 - 31 Jul 2026 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

AMULET (CHURCHILL SECURITY SOLUTIONS

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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