Award

Software tool for creation of scenarios for Economic Modelling

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

09 Jan 2023 at 19:11

Summary of the contracting process

The Bank of England has awarded a contract for the provision of a Software tool subscription license for creating scenarios for economic modelling. The total contract value is £43,592.82 GBP. The procurement method used was a direct approach through a Single tender action (below threshold). The contract period started on 1st July 2022 and ends on 30th June 2024. The tender was awarded to the NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH(INCORPORATED). The award was published on 9th January 2023.

This contract opportunity created by the Bank of England could be especially suitable for service providers in the field of Software package and information systems. The Bank of England being the buying organisation, the tender process has already been completed with the award now active. Small and medium-sized enterprises (SMEs) may find this opportunity particularly attractive. The contract period provides a window for the awarded supplier to deliver services until June 2024.

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Notice Title

Software tool for creation of scenarios for Economic Modelling

Notice Description

Provision of Software tool subscription license for creation of scenarios for economic modelling.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-849d6313-8758-477f-a3a2-7b2547b360fa
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bf12fd36-0c8a-44f0-8ba4-54169ff9d8cb
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
Large

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
£43,592 Under £100K
Lots Value
Not specified
Awards Value
£43,592 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
9 Jan 20233 years ago
Submission Deadline
30 Jun 2022Expired
Future Notice Date
Not specified
Award Date
30 Jun 20223 years ago
Contract Period
30 Jun 2022 - 30 Jun 2024 2-3 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

NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH(INCORPORATED

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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