Award

Privacy Preserving Distributed Alias Service CBDC

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

27 Jun 2023 at 08:41

Award Notice
Award

27 Jun 2023 at 08:31

Award Notice
Summary of the contracting process

The Bank of England has awarded a contract for the "Privacy Preserving Distributed Alias Service CBDC" project. The procurement method used was a direct single tender action. The contract value is £29,999 GBP, and the contract period ranges from 31st May 2023 to 31st July 2023. The Bank of England is the buying organization located in London, England. The procurement stage is complete, and the tender period ended on 29th May 2023.

This contract offers opportunities for SMEs in IT services, consulting, software development, and related consultancy services. Businesses that specialize in research and development services may also find this tender suitable. Given the direct procurement method and the single tender action below the threshold, businesses with expertise in identity and privacy solutions may be well-suited to compete. The project focuses on designing the identity and privacy layer for the proposed digital pound, indicating a need for innovative technologies and solutions in this area.

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Notice Information

Notice Title

Privacy Preserving Distributed Alias Service CBDC

Notice Description

The CBDC unit of the Bank of England is working with Nuggets Verified Self-Sovereign Decentralized Identity to investigate and design the identity and privacy layer as part of its efforts to ensure privacy and security for the proposed digital pound.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-984f405b-6e33-4785-aa24-c29d4056ab6d
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c57fde03-2c97-497a-8307-68dc4fe8ea5b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

72 - IT services: consulting, software development, Internet and support

73 - Research and development services and related consultancy services

CPV Codes

72000000 - IT services: consulting, software development, Internet and support

73000000 - Research and development services and related consultancy services

Notice Value(s)

Tender Value
£29,999 Under £100K
Lots Value
Not specified
Awards Value
£29,999 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
27 Jun 20232 years ago
Submission Deadline
29 May 2023Expired
Future Notice Date
Not specified
Award Date
28 May 20232 years ago
Contract Period
30 May 2023 - 31 Jul 2023 1-6 months
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

NUGGETS

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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