Award

Legal services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

12 Feb 2025 at 10:54

Award Notice
Summary of the contracting process

The BANK OF ENGLAND has completed the procurement process for the provision of legal services, classified under CPV code 79100000. The procurement, valued at £168,000, follows a direct procurement method through a single tender action (below threshold). The contract period extends from 19th December 2024 to 31st December 2026. The award was officially made on 5th December 2024 and the contract was subsequently published on 12th February 2025. This procurement pertains to services within the region of England.

This tender presents significant opportunities for growth for large legal firms capable of providing comprehensive legal services that meet the high standards required by the BANK OF ENGLAND. The potential for long-term engagement over the two-year contract period can provide stable revenue and the chance to establish a strong relationship with a prestigious institution. Firms specialising in financial law, with substantial resources and experience, would be particularly well-suited to compete and deliver the required services effectively.

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Notice Information

Notice Title

Legal services

Notice Description

Legal Services

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8b4985af-85cd-422e-bc78-7c03bc5a9e68
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/1de7c5c1-5b77-42a1-83c7-a77234c98ea6
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79100000 - Legal services

Notice Value(s)

Tender Value
£168,000 £100K-£500K
Lots Value
Not specified
Awards Value
£168,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
12 Feb 20251 years ago
Submission Deadline
5 Dec 2024Expired
Future Notice Date
Not specified
Award Date
5 Dec 20241 years ago
Contract Period
19 Dec 2024 - 31 Dec 2026 2-3 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

ALLEN OVERY SHEARMAN STERLING

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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