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Development, Data, Analytics and Modelling and Early Career Engagement Framework Tender

Bank of England

This public procurement record has 3 releases in its history.

Award

16 Jan 2020 at 10:39

Award Notice
Tender

21 Feb 2019 at 13:02

Tender Notice
Tender

21 Feb 2019 at 12:56

Tender Notice
Summary of the contracting process

The Bank of England is conducting a tender for the "Development, Data, Analytics and Modelling and Early Career Engagement Framework Tender", with a total value of £22 million. This procurement falls under the IT services category, specifically focusing on consulting, software development, and internet support. The tender period has ended as of 25 March 2019, and the contract, which is set to last from 15 July 2019 to 14 July 2023, involves multiple suppliers providing both on-site and off-site services at various Bank premises located in the South East of England. This process was initiated using a selective procurement method, specifically a restricted procedure.

This opportunity presents substantial potential for growth for businesses, particularly those involved in IT services, data analytics, and consulting, including small and medium-sized enterprises (SMEs). With a focus on a multi-lot framework, suppliers competing for this contract may offer a range of services tailored to the Bank's technology needs. Businesses with expertise in deliverable-based, fixed-price work or those that can provide professional services in support of the Bank’s Technology Directorate will be well-suited to engage in this competitive tendering process.

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Notice Information

Notice Title

Development, Data, Analytics and Modelling and Early Career Engagement Framework Tender

Notice Description

The Bank wishes to set up a multi-lot, multi-supplier Development, Data, Analytics and Modelling and Early Career Engagement framework agreement with suppliers for the provision of services to support the various functions of the Bank's Technology Directorate, in particular the Data, Analytics and Modelling Domain in its remit to provide technical expertise at the Bank. The Bank anticipates that the suppliers will provide deliverable based, fixed-price work alongside other professional services on-site at the Bank's various premises as well as off-site. The detailed Lot structure is set out in the procurement documents.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8c1fbb55-d271-42d5-b2d9-85a216e3bfa2
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7c610e92-2d5a-43de-9162-6b430116772d
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
SME
Awardee Scale
Large, 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
£22,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£25,400,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
16 Jan 20206 years ago
Submission Deadline
25 Mar 2019Expired
Future Notice Date
Not specified
Award Date
29 Oct 20196 years ago
Contract Period
1 Nov 2019 - 31 Oct 2023 4-5 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
Postcode Area
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
TLJ South East (England)
Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
6
Supplier Names

Capita Business Services Limited

Civica UK Limited

Cognizant Worldwide Limited

NIIT Technologies Ltd

QA Limited

The DMW Group Limited

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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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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