Award

RTGS Consultancy Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

04 Jan 2023 at 10:56

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for RTGS Consultancy Services to PA Consulting Services Limited. The contract falls under the business and management consultancy services category with a total value of £13,000,000. The procurement method used was selective, with the contract period running from December 4, 2022, to December 3, 2024. The tender period ended on December 2, 2022, and the award was published on January 4, 2023. The Bank of England is located in London, England.

This tender for consultancy services presents an opportunity for businesses, particularly those in the consultancy sector, to provide support to the Bank of England's RTGS programme. Small and medium enterprises (SMEs) are well-suited to compete for this contract. Interested businesses should note that the contract is non-exclusive and payment is made on a call-off basis, offering flexibility in service delivery while aligning with the bank's specific needs.

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Notice Information

Notice Title

RTGS Consultancy Services

Notice Description

Provision of consultancy services to support the RTGS programme. This contract has been direct awarded to PA Consulting via CCS framework MCF3. Additional information: This contract has been awarded on a non-exclusive and no commitment basis. The Bank is will only pay for services when they are called upon.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-94ea1e4a-be1e-489c-8485-af80dce6de98
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/dfa11ca1-6214-42b2-8399-277626764582
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
SME
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£13,000,000 £10M-£100M
Lots Value
Not specified
Awards Value
£13,000,000 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
4 Jan 20233 years ago
Submission Deadline
2 Dec 2022Expired
Future Notice Date
Not specified
Award Date
3 Dec 20223 years ago
Contract Period
4 Dec 2022 - 3 Dec 2024 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

PA CONSULTING SERVICES

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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