Award

Provision of technology services

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

19 Aug 2025 at 13:59

Award

19 Aug 2025 at 13:56

Summary of the contracting process

The Bank of England has completed a procurement process for the provision of technology services, which involves a framework agreement to deliver IT consulting, software development, and support services. The buyer is the Bank of England located in London, and the successful company awarded the contract is Airwalk Consulting Reply Ltd, a small to medium-sized enterprise based in Glasgow. The process utilised a selective procurement method as a call-off from a pre-existing framework agreement. The award, valued at £559,440, is active as of 22nd July 2025, with the contract period running from 4th August 2025 to 3rd February 2026. The industry category for this tender is classified under IT services, with all contracts being delivered within the United Kingdom.

This procurement presents significant opportunities for companies involved in providing technology services, especially those adept in IT consulting, software development, and internet-related support. Firms experienced in framework agreements will find such tenders to be rewarding, as they circumvent the full open competition and are best suited for businesses that can deliver specialised service solutions. This contract specifically offers scope for growth in the public sector market, making it an appealing opportunity for businesses seeking to establish or strengthen their presence in the IT services industry through government engagements.

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Notice Title

Provision of technology services

Notice Description

Provision of technology services 6+6+6 month term

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-860c73c9-5179-4f05-be67-8c2a39f316a7
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/4e7ea231-db97-45ae-bf68-99a9e99bf2dc
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
Not specified
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support


CPV Codes

72000000 - IT services: consulting, software development, Internet and support

Notice Value(s)

Tender Value
£559,440 £500K-£1M
Lots Value
Not specified
Awards Value
£559,440 £500K-£1M
Contracts Value
Not specified

Notice Dates

Publication Date
19 Aug 20256 months ago
Submission Deadline
2 Jul 2025Expired
Future Notice Date
Not specified
Award Date
21 Jul 20257 months ago
Contract Period
3 Aug 2025 - 3 Feb 2026 6-12 months
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

AIRWALK CONSULTING REPLY

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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