Award

External advisors

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Sep 2024 at 16:07

Summary of the contracting process

The buying organisation, Bank of England, has awarded a contract titled "External advisors" under the industry category of Business and management consultancy and related services (CPV: 79400000). This procurement process is classified as a single tender action (below threshold) and was conducted via a direct procurement method. The contract covers advisory services for the Centre for Central Bank Studies (CCBS) and is valued at £42,000. The relevant location for delivery is England, United Kingdom. Key dates include the tender period ending on 31st August 2023, the contract starting on 7th September 2023, and the contract ending on 7th September 2024. The procurement stage is completed with the award dated 7th September 2023 and published on 25th September 2024.

This tender presents an opportunity for small and medium-sized enterprises (SMEs) specialising in business and management consultancy to engage with a prestigious institution like the Bank of England. The project’s focus on advisory services for a central banking entity offers potential for businesses to showcase their expertise and expand their portfolio within the financial sector. Companies capable of providing high-quality consultancy and management services, especially those with experience in financial or central banking studies, will find this tender particularly suitable for fostering growth and establishing significant industry connections.

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

External advisors

Notice Description

Advisory services for the Centre for Central Bank Studies (CCBS)

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-a1bcbb57-cbb6-4bc4-b2d4-f28aa7741ceb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/10b5f7f8-9450-4bb6-98ed-4cfb97633a3b
Current Stage
Award
All Stages
Award

Procurement Classification

Notice Type
Award Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Direct
Procurement Method Details
Single tender action (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
£42,000 Under £100K
Lots Value
Not specified
Awards Value
£42,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20241 years ago
Submission Deadline
31 Aug 2023Expired
Future Notice Date
Not specified
Award Date
6 Sep 20232 years ago
Contract Period
6 Sep 2023 - 7 Sep 2024 1-2 years
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
Not specified
Contact Email
corporate.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

ARDHILL ADVISORY

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-a1bcbb57-cbb6-4bc4-b2d4-f28aa7741ceb-2024-09-25T17:07:16+01:00",
    "date": "2024-09-25T17:07:16+01:00",
    "ocid": "ocds-b5fd17-a1bcbb57-cbb6-4bc4-b2d4-f28aa7741ceb",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001484",
        "title": "External advisors",
        "description": "Advisory services for the Centre for Central Bank Studies (CCBS)",
        "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": 42000,
            "currency": "GBP"
        },
        "procurementMethod": "direct",
        "procurementMethodDetails": "Single tender action (below threshold)",
        "tenderPeriod": {
            "endDate": "2023-08-31T12:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2023-09-07T00:00:00+01:00",
            "endDate": "2024-09-07T23:59:59+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-11963288",
            "name": "Ardhill Advisory Ltd",
            "identifier": {
                "legalName": "Ardhill Advisory Ltd",
                "scheme": "GB-COH",
                "id": "11963288"
            },
            "address": {
                "streetAddress": "W8a Knoll Business Centre, 325-327 Old Shoreham Road, Hove, England, BN3 7GS"
            },
            "details": {
                "scale": "sme",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-a1bcbb57-cbb6-4bc4-b2d4-f28aa7741ceb-1",
            "status": "active",
            "date": "2023-09-07T00:00:00+01:00",
            "datePublished": "2024-09-25T17:07:16+01:00",
            "value": {
                "amount": 42000,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-11963288",
                    "name": "Ardhill Advisory Ltd"
                }
            ],
            "contractPeriod": {
                "startDate": "2023-09-07T00:00:00+01:00",
                "endDate": "2024-09-07T23:59:59+01:00"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/10b5f7f8-9450-4bb6-98ed-4cfb97633a3b",
                    "datePublished": "2024-09-25T17:07:16+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}