Award

Skilled Person Review

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

24 Sep 2024 at 11:48

Award Notice
Summary of the contracting process

The Bank of England has completed the procurement process for a Skilled Person Review in the business and management consultancy services category. The project was carried out under a selective procurement method, specifically a call-off from a framework agreement. The contract, valued at £473,713, started on 1st July 2024 and ended on 16th August 2024. Hymans Robertson LLP, a large-scale firm based in London, secured the contract, which required service delivery within the United Kingdom. The procurement process reached the award stage, with key deadlines including the tender period end date on 31st May 2024 and the award date on 26th June 2024.

This tender presents a significant opportunity for business growth, particularly for companies with expertise in business and management consultancy. Small and medium-sized enterprises (SMEs) that are capable of handling high-stakes reviews and assessments would find this type of tender particularly beneficial for expanding their portfolio and demonstrating their capabilities to prestigious institutions like the Bank of England. Engaging in such projects can enhance market credibility and open doors to future high-value contracts.

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Notice Information

Notice Title

Skilled Person Review

Notice Description

The Bank of England is seeking a partner to provide resource for a Skilled Person Review.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-af73019d-33f7-4c2b-b0b2-b51fa7b842eb
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/b89ff3f1-67c9-4738-8a43-17ca9ca2b132
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

79410000 - Business and management consultancy services

Notice Value(s)

Tender Value
£473,713 £100K-£500K
Lots Value
Not specified
Awards Value
£473,713 £100K-£500K
Contracts Value
Not specified

Notice Dates

Publication Date
24 Sep 20241 years ago
Submission Deadline
31 May 2024Expired
Future Notice Date
Not specified
Award Date
25 Jun 20241 years ago
Contract Period
30 Jun 2024 - 16 Aug 2024 1-6 months
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
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
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

HYMANS ROBERTSON

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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