Award

Excavation Works

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

08 Oct 2024 at 09:06

Award Notice
Summary of the contracting process

This public procurement contracting process was initiated by the Bank of England for the project titled "Excavation Works," which falls under the construction work industry category (CPV code 45000000). The project location is in London, EC2R8AH. The process, completed under the procurement stage of "Award," involved direct procurement through a single tender action below the threshold. Key dates include the end of the tender period on 13th March 2024 and the contract period ranging from 14th to 28th March 2024. The project's value amounts to £49,502.15 and is categorised under the works procurement category.

This tender presents significant opportunities for small and medium-sized enterprises (SMEs), particularly those specialising in construction and excavation works. Businesses equipped to handle service duct replacements will find this contract particularly appealing. The targeted procurement strategy ensures that suitably qualified SMEs have a competitive chance to participate, promoting business growth in specialised construction services. E & B Group, a Crawley-based SME, was awarded this contract, highlighting the potential for similar organisations to succeed in future tenders from established institutions like the Bank of England.

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Notice Information

Notice Title

Excavation Works

Notice Description

Excavation works to aid in replacing service ducts.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-9d2c0cd0-9fac-4ea0-ae2e-1f7aee46dfef
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b62c14a7-a8b3-4198-8d92-f1caf2812e35
Current Stage
Award
All Stages
Award

Procurement Classification

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

Common Procurement Vocabulary (CPV)

CPV Divisions

45 - Construction work

CPV Codes

45000000 - Construction work

Notice Value(s)

Tender Value
£49,502 Under £100K
Lots Value
Not specified
Awards Value
£49,502 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
8 Oct 20241 years ago
Submission Deadline
13 Mar 2024Expired
Future Notice Date
Not specified
Award Date
13 Mar 20241 years ago
Contract Period
14 Mar 2024 - 28 Mar 2024 30 days
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
Not specified
Contact Email
fm.contracts@bankofengland.co.uk
Contact Phone
Not specified

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

E & B GROUP

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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