Award

FAME Third Line Support Contract

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

05 Aug 2024 at 21:21

Award Notice
Summary of the contracting process

The Bank of England has successfully completed the procurement process for the "FAME Third Line Support Contract" under the industry category of Information Systems or Technology Planning Services (CPV 72222200). The procurement was conducted using a selective method, specifically a call-off from a framework agreement. The contract, worth £5,917,400, will be executed in the United Kingdom and spans from 28 May 2024 to 27 May 2028. Key dates include the tender period ending on 4 March 2024 and the award date on 16 May 2024. Located in London, the Bank of England's technology procurement team managed this procurement.

This tender offers significant opportunities for businesses specialising in advanced IT support services. Although suited to larger enterprises given the contract size, it exemplifies the potential for long-term business growth through involvement in high-value contracts with prominent institutions like the Bank of England. Companies with robust technological capabilities and experience in supporting complex information systems would be well-placed to compete for similar future contracts.

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Notice Information

Notice Title

FAME Third Line Support Contract

Notice Description

FAME Third Line Support Contract

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a06d7894-3e48-4c0a-a609-753afb442acb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/e9129ab6-590f-4aae-9f7f-d8cdfeac4733
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
Not specified
Awardee Scale
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72222200 - Information systems or technology planning services

Notice Value(s)

Tender Value
£5,917,400 £1M-£10M
Lots Value
Not specified
Awards Value
£5,917,400 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
5 Aug 20241 years ago
Submission Deadline
4 Mar 2024Expired
Future Notice Date
Not specified
Award Date
15 May 20241 years ago
Contract Period
27 May 2024 - 27 May 2028 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
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

MASTEK (UK

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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