Award

Technology Services

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

04 Feb 2025 at 11:43

Award

04 Feb 2025 at 11:41

Summary of the contracting process

The Bank of England, located in London, has successfully completed a selective procurement process to transform its legacy document management system to Microsoft SharePoint. The project, classified under software configuration services, is valued at £300,000 and was awarded to Softcat PLC. This call-off from a framework agreement is slated to commence on 16 September 2024 and conclude by 13 December 2024. The procurement process reached the award stage on 18 December 2024, with the awarded contract notice published on 4 February 2025.

This tender offers significant opportunities for growth for large technology firms specialising in software configuration and professional services related to document management systems. Companies with expertise in Microsoft SharePoint transformations, similar to Softcat PLC, are well-positioned to compete for such contracts in the future. Engagements like these can bolster business portfolios, enhance industry reputation, and provide substantial financial gains through high-value contracts with a prestigious institution like the Bank of England.

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Notice Title

Technology Services

Notice Description

Professional services relating to the transformation of the Bank's legacy document management system. The Bank's transformation partners include Infotechtion and Softcat.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-94f5e48a-2d05-4a14-8c61-4b824e84be47
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/8a0f69b1-44e3-4537-a894-4aac8582879d
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

72265000 - Software configuration services

Notice Value(s)

Tender Value
£300,000 £100K-£500K
Lots Value
Not specified
Awards Value
£300,000 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
4 Feb 20251 years ago
Submission Deadline
16 Aug 2024Expired
Future Notice Date
Not specified
Award Date
18 Dec 20241 years ago
Contract Period
15 Sep 2024 - 13 Dec 2024 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

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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