Award

Threadneedle Street Entrance Works

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Mar 2024 at 11:28

Award Notice
Summary of the contracting process

The Bank of England has successfully awarded a contract for the replacement of a turnstile at its Threadneedle Street site. The procurement process was completed using a direct procurement method, specifically a Single tender action (below threshold). The contract value is £129,327 in GBP, with a contract period starting on July 25, 2023, and ending on February 28, 2024. The main procurement category for this tender is works, and the tender period ended on July 4, 2023. The buyer for this contract is the Bank of England, located in London, England with the postal code EC2R 8AH.

This tender, issued by the Bank of England, presents an opportunity for businesses, especially those specialising in mechanical engineering installation works. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete, as the procurement process highlighted their suitability. For businesses looking to grow in the works industry category, this contract could provide a valuable opportunity to work with a prestigious organisation like the Bank of England on a specific infrastructure project in London.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Start Free Trial Book a Demo
All Features Pricing

Notice Information

Notice Title

Threadneedle Street Entrance Works

Notice Description

Replacement of a turnstile at an entrance of the Bank's Threadneedle Street site.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-84898c3f-ade5-47aa-a5b2-3d5c63065e54
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/cac2d571-6dab-4e96-bc23-6d3c14005f94
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Works
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45351000 - Mechanical engineering installation works

Notice Value(s)

Tender Value
£129,327 £100K-£500K
Lots Value
Not specified
Awards Value
£129,327 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
5 Mar 20241 years ago
Submission Deadline
3 Jul 2023Expired
Future Notice Date
Not specified
Award Date
24 Jul 20232 years ago
Contract Period
24 Jul 2023 - 28 Feb 2024 6-12 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
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

E & B GROUP

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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. 

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-84898c3f-ade5-47aa-a5b2-3d5c63065e54-2024-03-05T11:28:16Z",
    "date": "2024-03-05T11:28:16Z",
    "ocid": "ocds-b5fd17-84898c3f-ade5-47aa-a5b2-3d5c63065e54",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001197",
        "title": "Threadneedle Street Entrance Works",
        "description": "Replacement of a turnstile at an entrance of the Bank's Threadneedle Street site.",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "45351000",
            "description": "Mechanical engineering installation works"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "postalCode": "EC2R 8AH"
                    }
                ]
            }
        ],
        "value": {
            "amount": 129327,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2023-07-04T00:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-07-25T00:00:00+01:00",
            "endDate": "2024-02-28T23:59:59Z"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "works"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "fm.contracts@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-02854874",
            "name": "E & B GROUP LIMITED",
            "identifier": {
                "legalName": "E & B GROUP LIMITED",
                "scheme": "GB-COH",
                "id": "02854874"
            },
            "address": {
                "streetAddress": "Ravendene House, 21 Brighton Road, Crawley, West Sussex, RH10 6AE"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-84898c3f-ade5-47aa-a5b2-3d5c63065e54-1",
            "status": "active",
            "date": "2023-07-25T00:00:00+01:00",
            "datePublished": "2024-03-05T11:28:16Z",
            "value": {
                "amount": 129327,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-02854874",
                    "name": "E & B GROUP LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-07-25T00:00:00+01:00",
                "endDate": "2024-02-28T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/cac2d571-6dab-4e96-bc23-6d3c14005f94",
                    "datePublished": "2024-03-05T11:28:16Z",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}