Award

Property Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

19 Sep 2025 at 14:09

Summary of the contracting process

The procurement process conducted by the Bank of England focused on securing property services under the title "Property Services" within the industry category of cost calculation and monitoring. This selective procurement was carried out using a call-off from a framework agreement, targeting the East of England, with the tender phase concluding on 1st May 2025. The procurement has advanced to the award stage, with a contract period spanning from 9th May 2025 to 31st March 2030. The awarded contract, valued at £242,208.27, was published on 19th September 2025, and has been awarded to Pick Everard, underlining the completion status of this procurement cycle.

This tender presents significant opportunities for businesses involved in property services, particularly those capable of delivering cost calculation and monitoring solutions. The procurement process is well-suited for small and medium enterprises, given the Bank of England's emphasis on SME participation, although it is not aimed at voluntary or community sector enterprises. Businesses that specialise in service delivery within framework agreements, especially those operating in the East of England, will find this an advantageous opportunity for growth and engagement in a long-term governmental contract.

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Notice Title

Property Services

Notice Description

Property Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7776fed7-563a-4fc6-94ef-7b9b5a4cff5a
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e97fec43-7f3c-4629-93ef-ee3ac0e992e2
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

71 - Architectural, construction, engineering and inspection services


CPV Codes

71244000 - Calculation of costs, monitoring of costs

Notice Value(s)

Tender Value
£242,208 £100K-£500K
Lots Value
Not specified
Awards Value
£242,208 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Sep 20255 months ago
Submission Deadline
1 May 2025Expired
Future Notice Date
Not specified
Award Date
30 Apr 20259 months ago
Contract Period
8 May 2025 - 31 Mar 2030 4-5 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
Maneesh Sharma
Contact Email
maneesh.sharma@bankofengland.co.uk
Contact Phone
Not specified

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
Not specified

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

PICK EVERARD

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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