Cyber Assurance

BANK OF ENGLAND

There are 2 contracts in this contracting process.

Summary of the contracting process

The Bank of England has concluded a competitive procurement process for cyber assurance services, classified under the auditing services industry (CPV code 79212000). The contract, valued at £150,000, commenced on 1st March 2022 and is set to end on 28th February 2025. This limited procurement was conducted using a competitive quotation method due to its below-threshold value. The winning bidder, C3IA Solutions Ltd, was awarded the contract on 28th February 2022. The service will be delivered within the United Kingdom, primarily associated with the Bank of England's internal audit division.

This tender presents significant growth opportunities for businesses specialising in cybersecurity and auditing services, particularly small and medium-sized enterprises (SMEs). Firms with expertise in cyber assurance and a proven track record in the financial sector would be well-positioned to compete in similar future tenders. The Bank of England’s ongoing need for robust cyber assurance services underscores a stable demand, making it a promising contract for businesses aiming to establish or expand their presence in the public financial sector.

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Cyber Assurance

BANK OF ENGLAND

Contract Timeline

Publication Date

1st October 2024 09:35:29 AM
Contract Summary

Cyber assurance services. Additional information: This contract has been extended by 1 year to allow for a competitive tender process to take place. The value of this contract has not increased.
Contract Details

Open Contracting ID

ocds-b5fd17-853e6eb1-fbbb-4498-98b5-e4ae1c27b316

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

Limited

Procurement Method Details

Competitive Quotation (below Threshold)

Procurement Category

Services

Tender Suitability

SME

Framework / DPS
Contract Classification

CPV Code(s)

79212000

CPV Division(s)

79 - Business services: law, marketing, consulting, recruitment, printing and security
Awarding Authority

BANK OF ENGLAND

Buyer Name

Buyer Email

corporate.contracts@bankofengland.co.uk

Buyer Phone

Buyer Address

Threadneedle Street

LONDON

EC2R8AH

England
Awarded Supplier(s)

Supplier Name(s)

C3IA SOLUTIONS LTD

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Award

Cyber Assurance

BANK OF ENGLAND

Contract Timeline

Publication Date

25th August 2022 09:43:48 AM
Contract Summary

Cyber assurance services for the Bank of England's internal audit division.
Contract Details

Open Contracting ID

ocds-b5fd17-853e6eb1-fbbb-4498-98b5-e4ae1c27b316

Publication Source

Contracts Finder

Procurement Stage

Award

Procurement Method

N/A

Procurement Method Details

Other - Below Threshold Tender

Procurement Category

Services

Tender Suitability

SME

Framework / DPS
Contract Classification

CPV Code(s)

79212000

CPV Division(s)

79 - Business services: law, marketing, consulting, recruitment, printing and security
Awarding Authority

BANK OF ENGLAND

Buyer Name

Chloe Ludlow-Gomm

Buyer Email

chloe.ludlow-gomm@bankofengland.co.uk

Buyer Phone

Buyer Address

Threadneedle Street

LONDON

EC2R8AH

England
Awarded Supplier(s)

Supplier Name(s)

C3IA SOLUTIONS LTD

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Cyber Assurance

BANK OF ENGLAND

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)

Cyber Assurance

BANK OF ENGLAND

Contract Timeline

Contract Summary

Contract Details

Contract Classification

Awarding Authority

Awarded Supplier(s)