Award

Technology Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

22 Oct 2024 at 08:26

Summary of the contracting process

The Bank of England has completed the procurement process for "Technology Services" under the industry category of IT services, including consulting, software development, Internet, and support. The procurement method employed was selective, specifically a call-off from a framework agreement. The services will be delivered across England, with the contract period starting on 1st February 2024 and ending on 31st January 2025. Key dates include the tender period ending on 8th January 2024, and the award made on 15th January 2024. The total contract value is £174,113.54.

This tender offers significant business growth opportunities for companies specialising in IT services. Businesses well-suited to compete in procurements like this include those offering consulting, software development, and IT support services. Although large-scale organisations are the likely primary beneficiaries, smaller firms could still play a vital role as subcontractors or consortium members. The nature of the project, secured by Softcat PLC, suggests that firms with robust frameworks and established reputations in delivering high-quality technology solutions will thrive.

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Notice Title

Technology Services

Notice Description

Technology Services

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8c93e4ef-d308-4154-8d2c-bc6afa6f2935
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/72d86352-f5c6-42ea-9784-18a32d9b6c6a
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
Large

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
£174,113 £100K-£500K
Lots Value
Not specified
Awards Value
£174,113 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
22 Oct 20241 years ago
Submission Deadline
8 Jan 2024Expired
Future Notice Date
Not specified
Award Date
15 Jan 20242 years ago
Contract Period
1 Feb 2024 - 31 Jan 2025 1-2 years
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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

SOFTCAT

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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