Award

Technology services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

28 Aug 2025 at 15:50

Summary of the contracting process

The procurement process for "Technology services" has been awarded by the Bank of England, a prominent financial institution located at Threadneedle Street, London. This contract, falling under the Information systems or technology strategic review and planning services category, pertains to services to be delivered within England, United Kingdom. Commencing on 2nd June 2025 and concluding by 31st December 2025, the procurement falls within the 'award' stage, indicating completion. The tender was pursued through a selective procurement method as a call-off from a framework agreement with a total contract value of £1,984,210. Key dates within the contract include the tender period end on 26th May 2025 and work statements awarded between June 1st and June 30th, 2025.

This procurement offers opportunities for large-scale technology service providers, given its alignment with the Information Systems industry and the substantial value of the contract. Businesses specialising in strategic technology evaluation and planning could significantly benefit from such engagements, fostering further growth through association with the Bank of England. Although this tender did not specifically target SMEs or VCSEs, companies with the capacity to deliver within the specified timeframe and scope are well-suited to participate in such high-value public contracts. Successful participation in this sector can enhance a firm's portfolio, credibility, and market presence, paving the way for future opportunities in the public and financial sectors.

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

Technology services

Notice Description

Provision of technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st June and 30th June 2025

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-aeba67eb-c6b7-472c-8a7d-904dd1d07e85
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/7b01506c-af1c-4db0-9f85-899b3b4107cd
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

72222000 - Information systems or technology strategic review and planning services

Notice Value(s)

Tender Value
£1,984,210 £1M-£10M
Lots Value
Not specified
Awards Value
£1,984,210 £1M-£10M
Contracts Value
Not specified

Notice Dates

Publication Date
28 Aug 20255 months ago
Submission Deadline
26 May 2025Expired
Future Notice Date
Not specified
Award Date
1 Jun 20258 months ago
Contract Period
1 Jun 2025 - 31 Dec 2025 6-12 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
Technology Procurement Team
Contact Email
technology.contracts@bankofengland.co.uk
Contact Phone
020 3461 4878

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

TELSTRA

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-aeba67eb-c6b7-472c-8a7d-904dd1d07e85-2025-08-28T16:50:08+01:00",
    "date": "2025-08-28T16:50:08+01:00",
    "ocid": "ocds-b5fd17-aeba67eb-c6b7-472c-8a7d-904dd1d07e85",
    "language": "en",
    "initiationType": "tender",
    "tender": {
        "id": "CON/1001310 - 55",
        "title": "Technology services",
        "description": "Provision of technology services. Awarded under Technology Support Services Framework. For statements of work awarded between 1st June and 30th June 2025",
        "status": "complete",
        "classification": {
            "scheme": "CPV",
            "id": "72222000",
            "description": "Information systems or technology strategic review and planning services"
        },
        "items": [
            {
                "id": "1",
                "deliveryAddresses": [
                    {
                        "region": "England",
                        "countryName": "United Kingdom"
                    }
                ]
            }
        ],
        "value": {
            "amount": 1984210,
            "currency": "GBP"
        },
        "procurementMethod": "selective",
        "procurementMethodDetails": "Call-off from a framework agreement",
        "tenderPeriod": {
            "endDate": "2025-05-26T17:00:00+01:00"
        },
        "contractPeriod": {
            "startDate": "2025-06-02T00:00:00+01:00",
            "endDate": "2025-12-31T23:59:59Z"
        },
        "suitability": {
            "sme": false,
            "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": {
                "name": "Technology Procurement Team",
                "email": "Technology.contracts@bankofengland.co.uk",
                "telephone": "020 3461 4878"
            },
            "roles": [
                "buyer"
            ]
        },
        {
            "id": "GB-COH-03830643",
            "name": "Telstra UK Limited",
            "identifier": {
                "legalName": "Telstra UK Limited",
                "scheme": "GB-COH",
                "id": "03830643"
            },
            "address": {
                "streetAddress": "2nd Floor Blue Fin, 110 Southwark Street, London, SE1 0TA"
            },
            "details": {
                "scale": "large",
                "vcse": false
            },
            "roles": [
                "supplier"
            ]
        }
    ],
    "buyer": {
        "id": "GB-SRS-sid4gov.cabinetoffice.gov.uk/9yt6Qa35",
        "name": "BANK OF ENGLAND"
    },
    "awards": [
        {
            "id": "ocds-b5fd17-aeba67eb-c6b7-472c-8a7d-904dd1d07e85-1",
            "status": "active",
            "date": "2025-06-02T00:00:00+01:00",
            "datePublished": "2025-08-28T16:50:08+01:00",
            "value": {
                "amount": 1984210,
                "currency": "GBP"
            },
            "suppliers": [
                {
                    "id": "GB-COH-03830643",
                    "name": "Telstra UK Limited"
                }
            ],
            "contractPeriod": {
                "startDate": "2025-06-02T00:00:00+01:00",
                "endDate": "2025-12-31T23:59:59Z"
            },
            "documents": [
                {
                    "id": "1",
                    "documentType": "awardNotice",
                    "description": "Awarded contract notice on Contracts Finder",
                    "url": "https://www.contractsfinder.service.gov.uk/Notice/7b01506c-af1c-4db0-9f85-899b3b4107cd",
                    "datePublished": "2025-08-28T16:50:08+01:00",
                    "format": "text/html",
                    "language": "en"
                }
            ]
        }
    ]
}