Award

Physical Security (Framework No. RM3830)

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

08 May 2019 at 11:56

Summary of the contracting process

The Bank of England has successfully completed a tender process for the provision of physical security services under the Framework No. RM3830. The contract, valued at approximately £12.93 million, was awarded to Mitie VSG on 28th March 2019, with the contract set to run from 1st July 2019 to 30th June 2024. This procurement process utilised a selective (restricted) procedure and falls under the security services category. The tender period concluded on 22nd March 2019, and the award notice was published on 8th May 2019. Services are to be provided across various locations, including the United Kingdom and overseas territories.

This tender presents valuable opportunities for businesses specialising in security services, particularly those with the capacity to provide qualified staff to support large organisations. Given the scale of the contract and the Bank of England's stringent operational standards, companies with solid experience in similar environments may find this contract appealing. Additionally, businesses looking to collaborate with established suppliers in the industry could benefit from engaging in this sector, as it requires a robust operational framework to manage security activities effectively.

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Notice Title

Physical Security (Framework No. RM3830)

Notice Description

The Bank of England requires a contractor to supply Security Officers in support of its own Security operation at three sites. Operational management and control will remain with the Bank's in-house security operation and they will work alongside the contractor's staff.

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-97cb8cd0-4b83-4901-9a2f-0ffd85b42659
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/89c6c473-a82b-425b-84f3-ef0ba777f427
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure
Tender Suitability
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79710000 - Security services

Notice Value(s)

Tender Value
£12,500,000 £10M-£100M
Lots Value
Not specified
Awards Value
£12,931,928 £10M-£100M
Contracts Value
Not specified

Notice Dates

Publication Date
8 May 20196 years ago
Submission Deadline
22 Mar 2019Expired
Future Notice Date
Not specified
Award Date
28 Mar 20196 years ago
Contract Period
30 Jun 2019 - 30 Jun 2024 Over 5 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
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
Not specified

Local Authority
City of London
Electoral Ward
Walbrook
Westminster Constituency
Cities of London and Westminster

Supplier Information

Number of Suppliers
1
Supplier Name

MITIE VSG

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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