Award

Security Systems Maintenance

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

11 Nov 2024 at 16:35

Award Notice
Summary of the contracting process

The Bank of England has completed a procurement process for the maintenance of security systems, titled "Security Systems Maintenance". This process falls under the industry category of repair and maintenance services of security equipment (CPV: 50610000) and is situated in England, United Kingdom. The procurement was conducted through a selective method as a call-off from a framework agreement. The tender period ended on 1st August 2024, with the contract period running from 1st September 2024 to 28th February 2026. The total contract value is £718,000, and it has been awarded to TYCO Fire & Integrated Solutions (UK) Limited. The procurement stage is the award, which was published on 11th November 2024.

This tender presents a significant opportunity for businesses involved in security systems maintenance to engage with a prestigious organisation like the Bank of England. It is particularly suitable for small and medium-sized enterprises (SMEs) as indicated in the tender's suitability criteria. Companies that specialise in repair and maintenance services of security equipment, and have the capacity to deliver such services within the specified timeframe and budget, would be well-placed to compete for similar future opportunities. Establishing a relationship with such a high-profile client can catalyse further business growth through enhanced credibility and potential for repeat business.

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Notice Information

Notice Title

Security Systems Maintenance

Notice Description

Provision of security systems maintenance

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-84e87b75-b483-4299-b7f4-a163d001d032
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/6b3f9de4-e893-4023-b27c-8a03b4c985b1
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

50 - Repair and maintenance services

CPV Codes

50610000 - Repair and maintenance services of security equipment

Notice Value(s)

Tender Value
£718,000 £500K-£1M
Lots Value
Not specified
Awards Value
£718,000 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
11 Nov 20241 years ago
Submission Deadline
1 Aug 2024Expired
Future Notice Date
Not specified
Award Date
31 Jul 20241 years ago
Contract Period
31 Aug 2024 - 28 Feb 2026 1-2 years
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
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

TYCO FIRE & INTEGRATED SOLUTIONS (UK

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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