Award

Data Initiative

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

19 Jun 2024 at 13:30

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for the "Data Initiative" to PA Consulting Services Limited. The contracting process was completed under a selective procurement method through a call-off from a framework agreement. The contract is valued at £140,000 GBP and has a contract period starting on 18th December 2023 and ending on 17th March 2024. The procurement stage was an award, and the contract was signed on 1st December 2023.

This procurement opportunity for providing business and management consultancy services presents growth potential for businesses, especially those specialising in consultancy services. Small and medium-sized enterprises (SMEs) are well-suited to compete for this tender due to the emphasis on their suitability, while organisations in the services industry category stand to benefit from this contract opportunity with the Bank of England.

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Notice Information

Notice Title

Data Initiative

Notice Description

Data Initiative.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8333bc4b-5f75-4e30-b0a7-737776535409
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/53a1556c-405c-4ea4-a987-ca0dde8e2fda
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

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£140,000 £100K-£500K
Lots Value
Not specified
Awards Value
£140,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
19 Jun 20241 years ago
Submission Deadline
26 Oct 2023Expired
Future Notice Date
Not specified
Award Date
1 Dec 20232 years ago
Contract Period
18 Dec 2023 - 17 Mar 2024 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
Corporate Contracts
Contact Email
corporate.contracts@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
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

PA CONSULTING SERVICES

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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