Award

Advisory services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Sep 2024 at 15:25

Summary of the contracting process

The BANK OF ENGLAND has completed a procurement process for "Advisory services" under the industry category of business and management consultancy services (CPV 79400000). The tender, specifically aimed at the People Directorate, involves services valued at £60,000. The location for service delivery is England, with the contract period starting on 22 January 2024 and ending on 30 June 2024. The procurement method used was a limited competitive quotation (below threshold), indicating a streamlined process suitable for specific contractors. The tender period concluded on 12 January 2024, and the award was finalised soon after.

This procurement tender provides substantial opportunities for SMEs, especially those specialising in business and management consultancy services. Companies with expertise in advisory roles within personnel or organisational strategy would find this contract a perfect fit to expand their portfolio and establish a relationship with a prestigious institution like the BANK OF ENGLAND. The involvement of Quietroom Limited, an SME, as the awarded supplier highlights the viability of small to medium enterprises to secure significant contracts through such procurement methods.

Find more tenders on our Open Data Platform.
How relevant is this notice?

D3 Tenders Premium

Win More Public Sector Contracts

AI-powered tender discovery, pipeline management, and market intelligence — everything you need to grow your public sector business.

Notice Title

Advisory services

Notice Description

Advisory services for the People Directorate

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a015ba82-7f9d-4a6b-8e5d-401b6b580c82
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/79b44abf-c694-4426-b225-bd02d42b74ea
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Limited
Procurement Method Details
Competitive quotation (below threshold)
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

79400000 - Business and management consultancy and related services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20241 years ago
Submission Deadline
12 Jan 2024Expired
Future Notice Date
Not specified
Award Date
12 Jan 20242 years ago
Contract Period
22 Jan 2024 - 30 Jun 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

QUIETROOM

Further Information

Notice Documents

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

Download

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.

{
    "tag": [
        "compiled"
    ],
    "id": "ocds-b5fd17-a015ba82-7f9d-4a6b-8e5d-401b6b580c82-2024-09-25T16:25:07+01:00",
    "date": "2024-09-25T16:25:07+01:00",
    "ocid": "ocds-b5fd17-a015ba82-7f9d-4a6b-8e5d-401b6b580c82",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001479",
        "title": "Advisory services",
        "description": "Advisory services for the People Directorate",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "79400000",
            "description": "Business and management consultancy and related services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 60000,
            "currency": "GBP"
        },
        "procurementMethod": "limited",
        "procurementMethodDetails": "Competitive quotation (below threshold)",
        "tenderPeriod": {
            "endDate": "2024-01-12T12:00:00Z"
        },
        "contractPeriod": {
            "startDate": "2024-01-22T00:00:00Z",
            "endDate": "2024-06-30T23:59:59+01:00"
        },
        "suitability": {
            "sme": true,
            "vcse": false
        },
        "mainProcurementCategory": "services"
    },
    "parties": [
        {
            "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
            "name": "BANK OF ENGLAND",
            "identifier": {
                "legalName": "BANK OF ENGLAND",
                "scheme": "GB-SRS",
                "id": "sid4gov.cabinetoffice.gov.uk/9yt6Qa35"
            },
            "address": {
                "streetAddress": "Threadneedle Street",
                "locality": "LONDON",
                "postalCode": "EC2R8AH",
                "countryName": "England"
            },
            "contactPoint": {
                "email": "corporate.contracts@bankofengland.co.uk"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-04825570",
            "name": "QUIETROOM LIMITED",
            "identifier": {
                "legalName": "QUIETROOM LIMITED",
                "scheme": "GB-COH",
                "id": "04825570"
            },
            "address": {
                "streetAddress": "87a High Street, Hemel Hempstead, England, HP1 3AH"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-a015ba82-7f9d-4a6b-8e5d-401b6b580c82-1",
            "status": "active",
            "date": "2024-01-12T00:00:00Z",
            "datePublished": "2024-09-25T16:25:06+01:00",
            "value": {
                "amount": 60000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-04825570",
                    "name": "QUIETROOM LIMITED"
                }
            ],
            "contractPeriod": {
                "startDate": "2024-01-22T00:00:00Z",
                "endDate": "2024-06-30T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/79b44abf-c694-4426-b225-bd02d42b74ea",
                    "datePublished": "2024-09-25T16:25:06+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}