Award

Professional technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Jun 2025 at 15:50

Summary of the contracting process

The procurement process, managed by the Bank of England, involved the provision of professional technology services under the Technology Support Services Framework, specifically focusing on information systems or technology strategic review and planning services. The contract was awarded following a selective procurement method, utilising a call-off from a framework agreement. The contracting process reached the award stage with Credera Limited serving as the supplier. The location of this procurement was in England, United Kingdom. The contract period spanned from 6th March 2025 to 30th April 2025, with a total value of £68,796. It was officially completed, and the award notice was published on 4th June 2025.

This tender offers growth opportunities for large businesses in the technology services sector. Given the procurement's focus on strategic technology planning, companies with expertise in conducting thorough technology reviews and planning are well-suited to compete. Although the contract was awarded to a large company, it highlights the importance of possessing a substantial track record and capacity to deliver high-quality technology services on a framework agreement. Businesses aiming to enter or expand their footprint within financial institutions like the Bank of England can look to similar tenders as opportunities to showcase their strategic technology capabilities.

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Notice Title

Professional technology services

Notice Description

Provision of professional technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st March and 31st March 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8ccee169-d765-46d8-bed9-394a1511fb42
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/23dda045-fe23-45f2-baa5-44ddf1c1e8a0
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

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£68,796 Under £100K
Lots Value
Not specified
Awards Value
£68,796 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jun 20258 months ago
Submission Deadline
27 Feb 2025Expired
Future Notice Date
Not specified
Award Date
6 Mar 202511 months ago
Contract Period
6 Mar 2025 - 30 Apr 2025 1-6 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

CREDERA

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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