Award

3d Innovations profiler Service

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

24 Oct 2023 at 15:46

Summary of the contracting process

The Bank of England has awarded a contract to 3d Innovations Limited for the provision of Profiler, a web-based intelligence tool for the market data industry. The contract value amounts to £57,092.88 GBP and has a duration of 2+1+1 years. The procurement method used was a direct approach through a single tender action below the threshold. The tender period closed on August 18, 2023, and the contract is scheduled to start on November 17, 2023, with an end date of November 16, 2027. The procurement falls under the services category and the buying organisation is the Bank of England located in London, England.

This tender awarded to 3d Innovations Limited by the Bank of England presents growth opportunities for businesses, especially those providing software packages and information systems. Small and medium-sized enterprises (SMEs) could find this tender particularly suitable. The competitive nature of the direct procurement method below the threshold allows businesses with relevant expertise in the market data industry to compete for and potentially secure similar contracts in the future. Engaging with the Bank of England as a buyer could help businesses establish valuable partnerships and expand their presence within the industry.

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Notice Title

3d Innovations profiler Service

Notice Description

Contract award to 3d Innovations (3di) for Profiler. Profiler is a web-based intelligence tool providing in-depth information on the market data industry. The contract is a 2+1+1 year term

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-7a471829-234a-4341-a5be-a10ac329216b
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/ed00cbb3-c017-4b25-8d31-27d496d43b33
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
£57,092 Under £100K
Lots Value
Not specified
Awards Value
£57,092 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Oct 20232 years ago
Submission Deadline
18 Aug 2023Expired
Future Notice Date
Not specified
Award Date
4 Sep 20232 years ago
Contract Period
17 Nov 2023 - 16 Nov 2027 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
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

3D INNOVATIONS

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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