Award

Recruitment Services

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

20 Jan 2025 at 12:14

Award

12 Nov 2024 at 11:56

Summary of the contracting process

The Bank of England has completed a procurement process for the provision of recruitment services, classified under advertising and marketing services. The procurement employed a limited method through a competitive quotation (below threshold) approach. The tender process concluded on 1st July 2024, with the contract period spanning from 15th July 2024 to 14th July 2025. The contract, valued at £96,000, will be executed in England, United Kingdom. Key dates include the award being published on 12th November 2024 and the contract value being updated on 20th January 2025.

This tender offers significant opportunities for businesses specialising in recruitment and marketing services. Small and medium-sized enterprises (SMEs) are particularly well-suited to compete for this contract given the suitability criteria. Securing such a contract with a reputable institution like the Bank of England could enhance a company's portfolio and open doors to further public sector opportunities. Businesses with the capability to provide high-quality recruitment services in a competitive environment stand to benefit the most from participating in this procurement process.

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Notice Title

Recruitment Services

Notice Description

Provision of recruitment services. 20.01.2025: contract value updated.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-8fbe8949-c250-49a4-82bf-d900d5d08b4f
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7643b607-c3f9-411d-bca2-b1bc49d6ac74
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79340000 - Advertising and marketing services

79600000 - Recruitment services

Notice Value(s)

Tender Value
£96,000 Under £100K
Lots Value
Not specified
Awards Value
£96,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
20 Jan 20251 years ago
Submission Deadline
1 Jul 2024Expired
Future Notice Date
Not specified
Award Date
13 Jul 20241 years ago
Contract Period
14 Jul 2024 - 14 Jul 2025 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

DTW COMMUNICATIONS & MARKETING

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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