Award

Advisory Services

BANK OF ENGLAND

This public procurement record has 1 release in its history.

Award

25 Sep 2024 at 16:12

Award Notice
Summary of the contracting process

The Bank of England recently completed a public procurement process for advisory services, specifically business analysis consultancy services, with a total contract value of £60,000. The procurement method was a direct, single tender action below the threshold. PwC LLP, a large-scale supplier, was awarded the contract. The services will be delivered in England, with the contract period starting on 25 March 2024 and ending on 19 April 2024. The award was officially published on 25 September 2024.

This procurement presents a substantial opportunity for businesses specialising in consultancy, particularly those offering business analysis services. Single tender actions like this are advantageous for firms looking to establish or strengthen relationships with key public sector bodies, such as the Bank of England. Small and medium-sized enterprises (SMEs) may find these opportunities particularly suitable due to the procurement's scale and requirements, enhancing their growth prospects by securing high-profile contracts.

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Notice Information

Notice Title

Advisory Services

Notice Description

Advisory services.

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-af920a89-e714-4605-9889-126725854dce
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/3ab33428-c157-4c79-85f2-ec34e121d258
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
Large

Common Procurement Vocabulary (CPV)

CPV Divisions

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

CPV Codes

72221000 - Business analysis consultancy services

Notice Value(s)

Tender Value
£60,000 Under £100K
Lots Value
Not specified
Awards Value
£60,000 Under £100K
Contracts Value
Not specified

Notice Dates

Publication Date
25 Sep 20241 years ago
Submission Deadline
18 Mar 2024Expired
Future Notice Date
Not specified
Award Date
20 Mar 20241 years ago
Contract Period
25 Mar 2024 - 19 Apr 2024 30 days
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
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

PWC

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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