Award

Regulatory Learning Framework 2024

BANK OF ENGLAND

This public procurement record has 3 releases in its history.

AwardUpdate

26 Jun 2025 at 11:26

Award Notice
Award

26 Jun 2025 at 11:14

Award Notice
Tender

22 Jul 2024 at 07:12

Tender Notice
Summary of the contracting process

The Bank of England recently completed the "Regulatory Learning Framework 2024" procurement process, aimed at providing education and training services for new joiners to the Prudential Regulation Authority (PRA). This project involved the establishment of a 4-lot framework to replace a previous service, with the awarded contract valued at £1,718,400. The procurement method adopted was a selective, restricted procedure, and the procurement covered locations in the United Kingdom. The contract commenced on 7th April 2025 and is set to conclude on 6th April 2029. Adeva Partners Ltd, an SME based in London, was awarded the contract, reflecting the Bank's commitment to engaging small and medium-sized enterprises in its initiatives.

This tender provides substantial opportunities for business growth, particularly for companies specialising in education and training services. Companies capable of delivering foundational courses on regulatory knowledge would be well-positioned to compete for similar contracts in the future. The contract, which spans four years, allows businesses to forge long-term relationships with a prestigious organisation such as the Bank of England, thereby enhancing their portfolio and visibility. By engaging SMEs, the Bank supports business diversity and innovation within the sector, encouraging smaller firms to pursue and participate in public procurement processes.

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Notice Information

Notice Title

Regulatory Learning Framework 2024

Notice Description

The Bank of England's Regulatory Learning Framework (RLF) provides introductory courses for new joiners to the Prudential Regulation Authority (PRA). The 13 courses on the framework cover the key foundation knowledge needed by PRA staff to effectively carry out their roles in the supervision of regulated firms. The Bank has awarded a 4-lot framework to replace the current service.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9a05dfc8-fcaf-4e17-b6f1-307c2574f322
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/db9d027a-ce9c-42d3-9fd2-637c5c852f4f
Current Stage
Award
All Stages
Tender, Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Restricted procedure (above threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

80 - Education and training services

CPV Codes

80000000 - Education and training services

Notice Value(s)

Tender Value
£1,718,400 £1M-£10M
Lots Value
Not specified
Awards Value
£1,718,400 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
26 Jun 20258 months ago
Submission Deadline
20 Nov 2024Expired
Future Notice Date
Not specified
Award Date
18 Mar 202511 months ago
Contract Period
6 Apr 2025 - 6 Apr 2029 4-5 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

ADEVA PARTNERS

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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