Award

Feasibility Study Agreement relating to CBDC

BANK OF ENGLAND

This public procurement record has 2 releases in its history.

AwardUpdate

17 Nov 2022 at 16:22

Award

09 Nov 2022 at 14:53

Summary of the contracting process

The Bank of England has awarded a contract for a Feasibility Study Agreement relating to CBDC. This procurement falls under IT services consultancy, with a contract value of £48,900 in GBP. The tender process was selective, with the contract period starting on February 7, 2022, and ending on April 6, 2022. The buying organisation is based in London, England, and the procurement opportunity was completed on February 6, 2022.

This tender presents an opportunity for businesses specializing in IT services, consulting, software development, and internet support to engage and compete for contracts with the Bank of England. Small and medium-sized enterprises (SMEs) are particularly well-suited to participate in this procurement process. By providing feasibility study consultancy services, companies can contribute to the CBDC program and potentially grow their business through successful contract awards.

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Notice Title

Feasibility Study Agreement relating to CBDC

Notice Description

Feasibility study consultancy services via Hyperion for the CBDC program. This is call-off contract under Lot 7 of the Crown Commercial Service Payment Acceptance Framework (RM6118).

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a02c5f76-da14-4e77-a46f-a07e7e0fa1e6
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/aafa2308-e6c6-4d73-a49a-90588a248ed2
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Framework
Procurement Category
Services
Procurement Method
Selective
Procurement Method Details
Call-off from a framework agreement
Tender Suitability
SME
Awardee Scale
SME

Common Procurement Vocabulary (CPV)

CPV Divisions

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


CPV Codes

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

Notice Value(s)

Tender Value
£48,900 Under £100K
Lots Value
Not specified
Awards Value
£48,900 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
17 Nov 20223 years ago
Submission Deadline
6 Feb 2022Expired
Future Notice Date
Not specified
Award Date
7 Feb 20224 years ago
Contract Period
7 Feb 2022 - 6 Apr 2022 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
Jason Cheung
Contact Email
technology.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
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

HYPERION SYSTEMS LTD. (T/A CONSULT HYPERION

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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